Is ZIP 07112, NJ 07112 a buyer’s or seller’s market?

Balanced As of 2026-08-31 · Source: Redfin

ZIP 07112 is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market

Sold above list71.4%Share of recent sales

Median sale-to-list104.1%Sold price ÷ list price

Median days on market60Listing to accepted offer

Median price per sq ft$193▼ −13.9% vs. last year

Run the numbers for 07112

Prefilled for 07112Can 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.