Is ZIP 07605, NJ 07605 a buyer’s or seller’s market?

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

ZIP 07605 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-list103.8%Sold price ÷ list price

Median days on market74Listing to accepted offer

Median price per sq ft$469▲ +7.4% vs. last year

Run the numbers for 07605

Prefilled for 07605Can 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 07010 07010Balanced $440 /sq ft ZIP 07020 07020Buyer’s market $525 /sq ft ZIP 07022 07022Balanced $389 /sq ft ZIP 07024 07024Balanced $448 /sq ft Browse all markets →

Market data describes housing activity only.