Is ZIP 07014, NJ 07014 a buyer’s or seller’s market?
ZIP 07014 is a seller’s market. With about 1.6 months of supply and 68% 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 supply1.6Under 4 months = seller’s market
Sold above list68.1%Share of recent sales
Median sale-to-list106.2%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$384▲ +2.7% vs. last year
Run the numbers for 07014
Nearby markets
ZIP 07011 07011Seller’s market $426 /sq ftZIP 07012 07012Seller’s market $498 /sq ftZIP 07013 07013Seller’s market $434 /sq ftZIP 07055 07055Seller’s market $337 /sq ft Browse all markets →Market data describes housing activity only.