Is ZIP 07501, NJ 07501 a buyer’s or seller’s market?

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

ZIP 07501 is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market

Sold above list50%Share of recent sales

Median sale-to-list100.9%Sold price ÷ list price

Median days on market79Listing to accepted offer

Median price per sq ft$248▼ −15.9% vs. last year

Run the numbers for 07501

Prefilled for 07501Can 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 07011 07011Seller’s market $426 /sq ft ZIP 07012 07012Seller’s market $498 /sq ft ZIP 07013 07013Seller’s market $434 /sq ft ZIP 07014 07014Seller’s market $384 /sq ft Browse all markets →

Market data describes housing activity only.