$7,125 Closing Credit*
$600,000
2,868 SqFt
3 Beds
•3 Full Baths
Evelyn Kramer Imbesi, Listing Office: HomeSmart First Advantage Realty
Housing Prices in 08242, NJ
How much do homes in 08242, NJ cost?
Median List Price
$362,000
$223/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$47,000(+14.9%)
Key Takeaway
The list price of homes in 08242 has increased by 14.9% since last year.
Summary: The median home list price in 08242 was $362,000 in October 2024, up 14.9% from the previous year, and the median price per square foot was $223.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $214.4K | N/A |
| 3 Bedrooms | $315K | $399K | +26.7% |
| 4 Bedrooms | $799K | $549.4K | -31.2% |
| 5+ Bedrooms | - | $460K | N/A |
Summary: 08242 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 31.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 08251 | $328.9K | $397K | +20.7% |
| 08242 | $315K | $362K | +14.9% |
| 08260 | $485.2K | $549.9K | +13.3% |
| 08210 | $492.4K | $549K | +11.5% |
| 08204 | $604.4K | $649.7K | +7.5% |
Housing Supply in 08242, NJ
How many homes are available in 08242, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The 08242 real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 08242 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 08242, NJ
How long does it take to sell a home in 08242, NJ?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 932 Days | 346 Days | -62.8% |
Summary: Homes in 08242 had an average listing age of 346 days in Oct 2024, down by 62.8% compared to the previous year.
