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Is ZIP 07020, NJ 07020 a buyer’s or seller’s market?

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

ZIP 07020 is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.3Under 4 months = seller’s market

Sold above list21.3%Share of recent sales

Median sale-to-list97.8%Sold price ÷ list price

Median days on market100Listing to accepted offer

Median price per sq ft$525▲ +7.9% vs. last year

Run the numbers for 07020

Prefilled for 07020Can I win this house?Multiple-offer likelihood for a listing Coming soonOver-asking calculatorTypical range over list Coming soonOffer strength scoreHow your offer looks to a seller Coming soonAppraisal gapCash needed if it appraises low

Nearby markets

ZIP 07010 07010Balanced $440 /sq ft ZIP 07022 07022Balanced $389 /sq ft ZIP 07024 07024Balanced $448 /sq ft ZIP 07026 07026Balanced $381 /sq ft Browse all markets →

Market data describes housing activity only.