Is ZIP 07503, NJ 07503 a buyer’s or seller’s market?
ZIP 07503 is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.4Under 4 months = seller’s market
Sold above list68.4%Share of recent sales
Median sale-to-list105.1%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$320▼ −4.5% vs. last year
Run the numbers for 07503
Nearby markets
ZIP 07011 07011Seller’s market $426 /sq ftZIP 07012 07012Seller’s market $498 /sq ftZIP 07013 07013Seller’s market $434 /sq ftZIP 07014 07014Seller’s market $384 /sq ft Browse all markets →Market data describes housing activity only.