Is ZIP 07642, NJ 07642 a buyer’s or seller’s market?

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

ZIP 07642 is a seller’s market. With about 2.4 months of supply and 71% 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 supply2.4Under 4 months = seller’s market

Sold above list70.8%Share of recent sales

Median sale-to-list106.8%Sold price ÷ list price

Median days on market73Listing to accepted offer

Median price per sq ft$447▲ +2.4% vs. last year

Run the numbers for 07642

Prefilled for 07642Can 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.