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Is ZIP 07720, NJ 07720 a buyer’s or seller’s market?

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

ZIP 07720 is a seller’s market. With about 1.7 months of supply and 55% 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 supply1.7Under 4 months = seller’s market
Sold above list54.5%Share of recent sales
Median sale-to-list101.6%Sold price ÷ list price
Median days on market22Listing to accepted offer
Median price per sq ft$813▲ +6.8% vs. last year

Run the numbers for 07720

Prefilled for 07720Can 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 07701 07701Seller’s market $472 /sq ftZIP 07702 07702Seller’s market $497 /sq ftZIP 07704 07704Seller’s market $778 /sq ftZIP 07711 07711Buyer’s market $2,523 /sq ft Browse all markets →

Market data describes housing activity only.