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Is ZIP 07114, NJ 07114 a buyer’s or seller’s market?

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

ZIP 07114 is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.1Under 4 months = seller’s market

Sold above list58.3%Share of recent sales

Median sale-to-list103.6%Sold price ÷ list price

Median days on market87Listing to accepted offer

Median price per sq ft$226▲ +37.7% vs. last year

Run the numbers for 07114

Prefilled for 07114Can 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.