OfferBackedBuyer Tools Run my numbers

Is ZIP 07045, NJ 07045 a buyer’s or seller’s market?

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

ZIP 07045 is a seller’s market. With about 1 months of supply and 80% 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 supply1Under 4 months = seller’s market
Sold above list79.5%Share of recent sales
Median sale-to-list106.2%Sold price ÷ list price
Median days on market21Listing to accepted offer
Median price per sq ft$358▼ −3.1% vs. last year

Run the numbers for 07045

Prefilled for 07045Can 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 07005 07005Seller’s market $365 /sq ftZIP 07034 07034Seller’s market $403 /sq ftZIP 07035 07035Seller’s market $371 /sq ftZIP 07046 07046Seller’s market $440 /sq ft Browse all markets →

Market data describes housing activity only.