Is ZIP 07039, NJ 07039 a buyer’s or seller’s market?
ZIP 07039 is a seller’s market. With about 1.8 months of supply and 55% 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 supply1.8Under 4 months = seller’s market
Sold above list55.2%Share of recent sales
Median sale-to-list103.6%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$558▲ +3.0% vs. last year
Run the numbers for 07039
Nearby markets
ZIP 07003 07003Seller’s market $421 /sq ftZIP 07004 07004Seller’s market $393 /sq ftZIP 07006 07006Seller’s market $434 /sq ftZIP 07009 07009Seller’s market $422 /sq ft Browse all markets →Market data describes housing activity only.