Is ZIP 07304, NJ 07304 a buyer’s or seller’s market?

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

ZIP 07304 is a buyer’s market. With about 8.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.2Under 4 months = seller’s market
Sold above list28%Share of recent sales
Median sale-to-list99.1%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$429▲ +7.8% 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.