Is ZIP 07461, NJ 07461 a buyer’s or seller’s market?

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

ZIP 07461 is a seller’s market. With about 2.9 months of supply and 50% 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 supply2.9Under 4 months = seller’s market

Sold above list50%Share of recent sales

Median sale-to-list101.4%Sold price ÷ list price

Median days on market29Listing to accepted offer

Median price per sq ft$262▲ +9.4% vs. last year

Run the numbers for 07461

Prefilled for 07461Can 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 07416 07416Seller’s market $234 /sq ft ZIP 07418 07418Seller’s market $273 /sq ft ZIP 07419 07419Seller’s market $252 /sq ft ZIP 07422 07422Seller’s market $356 /sq ft Browse all markets →

Market data describes housing activity only.