$129,900
1.29 Acres
Land
Nicholas Barbetta, Listing Office: HOF Realty
Is 08836, 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, 08836 has remained a Buyer's Market.
Key Takeaway
08836 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 08836, NJ
How much do homes in 08836, NJ cost?
Median Sold Price
$800,000
$297/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+11.9%)
Key Takeaway
Homes in 08836 have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in 08836 was $800,000 in October 2024, up 11.9% from last year, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $548.5K | $630.6K | +15.0% |
| 3 Bedrooms | $597.5K | $657K | +10.0% |
| 4 Bedrooms | $715K | $859.5K | +20.2% |
| 5+ Bedrooms | $1.0M | $1.1M | +7.1% |
Summary: 08836 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 15%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in 08836, NJ
How many homes are available in 08836, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The 08836 real estate market had 22 homes for sale in October 2024, a 4.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The 08836 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 08836, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 08836 in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 08836, NJ
We’re sorry, we don't have information for this market at the moment
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