Is ZIP 07661, NJ 07661 a buyer’s or seller’s market?

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

ZIP 07661 is a seller’s market. With about 2.1 months of supply and 59% 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 supply2.1Under 4 months = seller’s market

Sold above list59.2%Share of recent sales

Median sale-to-list102.4%Sold price ÷ list price

Median days on market70Listing to accepted offer

Median price per sq ft$499▲ +1.3% vs. last year

Run the numbers for 07661

Prefilled for 07661Can 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.