$10,000 Closing Credit*
$1,299,999
4 Beds
•2 Full Baths, 1 Partial
Listing Office: PREMIER HOMES
Is 07936, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 07936 has remained a Seller's Market.
Key Takeaway
07936 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 07936, NJ
How much do homes in 07936, NJ cost?
Median Sold Price
$760,500
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$130,500(+20.7%)
Key Takeaway
Homes in 07936 have sold for 20.7% more than they did a year ago.
Summary: The median home sold price in 07936 was $760,500 in October 2024, up 20.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $332.5K | +269.4% |
| 2 Bedrooms | $530K | $444.5K | -16.1% |
| 3 Bedrooms | $616K | $650K | +5.5% |
| 4 Bedrooms | $725.5K | $827.5K | +14.1% |
| 5+ Bedrooms | $985K | $996.5K | +1.2% |
Summary: 07936 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 269.4%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in 07936, NJ
How many homes are available in 07936, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The 07936 real estate market had 23 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 07936 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 07936, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in 07936 in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for 07936, NJ
We’re sorry, we don't have information for this market at the moment
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