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Is ZIP 07107, NJ 07107 a buyer’s or seller’s market?

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

ZIP 07107 is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.3Under 4 months = seller’s market

Sold above list63.6%Share of recent sales

Median sale-to-list101.7%Sold price ÷ list price

Median days on market57Listing to accepted offer

Median price per sq ft$262▲ +12.2% vs. last year

Run the numbers for 07107

Prefilled for 07107Can 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 07003 07003Seller’s market $421 /sq ft ZIP 07004 07004Seller’s market $393 /sq ft ZIP 07006 07006Seller’s market $434 /sq ft ZIP 07009 07009Seller’s market $422 /sq ft Browse all markets →

Market data describes housing activity only.