Is ZIP 07094, NJ 07094 a buyer’s or seller’s market?
ZIP 07094 is a seller’s market. With about 3.3 months of supply and 47% 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 supply3.3Under 4 months = seller’s market
Sold above list46.8%Share of recent sales
Median sale-to-list99.8%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$352▲ +1.0% vs. last year
Run the numbers for 07094
Nearby markets
ZIP 07002 07002Seller’s market $354 /sq ftZIP 07029 07029Seller’s market $340 /sq ftZIP 07030 07030Seller’s market $974 /sq ftZIP 07032 07032Seller’s market $364 /sq ft Browse all markets →Market data describes housing activity only.