Is ZIP 07747, NJ 07747 a buyer’s or seller’s market?
ZIP 07747 is a seller’s market. With about 2.6 months of supply and 57% 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 supply2.6Under 4 months = seller’s market
Sold above list57%Share of recent sales
Median sale-to-list102.6%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$372▲ +5.6% vs. last year
Run the numbers for 07747
Nearby markets
ZIP 07001 07001Seller’s market $429 /sq ftZIP 07008 07008Balanced $355 /sq ftZIP 07064 07064Balanced $428 /sq ftZIP 07067 07067Seller’s market $393 /sq ft Browse all markets →Market data describes housing activity only.