$575,000
1,566 SqFt
5 Beds
•2 Full Baths
Listing Office: NJ REAL ESTATE BOUTIQUE LLC
October 2024
Report Updated 4 Days Ago
Is 08835, 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, 08835 has remained a Seller's Market.
How much do homes in 08835, NJ cost?
$420,000
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 08835 was $420,000 in October 2024, up 9.1% from last year, and the median price per square foot was $324.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $197.5K | N/A |
2 Bedrooms | $342.4K | $355K | +3.7% |
3 Bedrooms | $390K | $431K | +10.5% |
4 Bedrooms | $385K | $422K | +9.6% |
5+ Bedrooms | $455K | $305K | -33.0% |
Summary: 08835 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 increased by 3.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 33%.
How many homes are available in 08835, NJ?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
43 | 42 | -2.3% |
Summary: The 08835 real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 18 | 19 | +5.6% |
4 Bedrooms | 19 | 18 | -5.3% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 08835 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 60%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 200%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 08835 in October 2024, down by 30.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
How long does it take to sell a home in 08835, NJ?
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During October 2024, 9 homes were sold in 08835; 11% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 4 Days Ago
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Based on information from Garden State MLS, and ALL JERSEY MLS for the period 11/01/2022 - 11/01/2024
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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Last updated on: 11/4/2024, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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