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Is ZIP 07723, NJ 07723 a buyer’s or seller’s market?

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

ZIP 07723 is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply16Under 4 months = seller’s market
Sold above list0%Share of recent sales
Median sale-to-list93.5%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$1,038▲ +91.5% vs. last year

Run the numbers for 07723

Prefilled for 07723Can 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.