Is ZIP 07302, NJ 07302 a buyer’s or seller’s market?

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

ZIP 07302 is a seller’s market. With about 3.7 months of supply and 32% 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 supply3.7Under 4 months = seller’s market
Sold above list31.7%Share of recent sales
Median sale-to-list100.3%Sold price ÷ list price
Median days on market39Listing to accepted offer
Median price per sq ft$888▲ +1.7% vs. last year

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.