Is ZIP 07009, NJ 07009 a buyer’s or seller’s market?

Seller’s market As of 2026-08-31 · Source: Redfin

ZIP 07009 is a seller’s market. With about 1.4 months of supply and 83% of homes selling above list, expect competing offers on well-priced homes. Buyers here typically need a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.4Under 4 months = seller’s market
Sold above list82.9%Share of recent sales
Median sale-to-list108.6%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$422▲ +1.0% vs. last year

Nearby markets

ZIP 07003 07003Seller’s market $421 /sq ftZIP 07004 07004Seller’s market $393 /sq ftZIP 07006 07006Seller’s market $434 /sq ftZIP 07017 07017Balanced $252 /sq ft Browse all markets →

Market data describes housing activity only.