Is ZIP 07631, NJ 07631 a buyer’s or seller’s market?

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

ZIP 07631 is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market
Sold above list42.4%Share of recent sales
Median sale-to-list101%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$428▲ +6.6% vs. last year

Nearby markets

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

Market data describes housing activity only.