Is ZIP 07305, NJ 07305 a buyer’s or seller’s market?

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

ZIP 07305 is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.2Under 4 months = seller’s market

Sold above list36.2%Share of recent sales

Median sale-to-list99.8%Sold price ÷ list price

Median days on market41Listing to accepted offer

Median price per sq ft$353▲ +3.5% vs. last year

Run the numbers for 07305

Prefilled for 07305Can 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 07002 07002Seller’s market $354 /sq ft ZIP 07029 07029Seller’s market $340 /sq ft ZIP 07030 07030Seller’s market $974 /sq ft ZIP 07032 07032Seller’s market $364 /sq ft Browse all markets →

Market data describes housing activity only.