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Is ZIP 07062, NJ 07062 a buyer’s or seller’s market?

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

ZIP 07062 is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.2Under 4 months = seller’s market

Sold above list64.7%Share of recent sales

Median sale-to-list103%Sold price ÷ list price

Median days on market23Listing to accepted offer

Median price per sq ft$417▲ +0.8% vs. last year

Run the numbers for 07062

Prefilled for 07062Can 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 07016 07016Seller’s market $469 /sq ft ZIP 07023 07023Seller’s market $465 /sq ft ZIP 07027 07027Seller’s market $422 /sq ft ZIP 07033 07033Seller’s market $471 /sq ft Browse all markets →

Market data describes housing activity only.