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Is ZIP 07087, NJ 07087 a buyer’s or seller’s market?

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

ZIP 07087 is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.8Under 4 months = seller’s market

Sold above list38.2%Share of recent sales

Median sale-to-list100.3%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$453▼ −5.5% vs. last year

Run the numbers for 07087

Prefilled for 07087Can 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 07002 07002Seller’s market $354 /sq ft ZIP 07029 07029Seller’s market $340 /sq ft ZIP 07030 07030Seller’s market $974 /sq ft ZIP 07032 07032Seller’s market $364 /sq ft Browse all markets →

Market data describes housing activity only.