Is ZIP 07834, NJ 07834 a buyer’s or seller’s market?
ZIP 07834 is a seller’s market. With about 1.2 months of supply and 56% 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 supply1.2Under 4 months = seller’s market
Sold above list55.5%Share of recent sales
Median sale-to-list104.2%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$418▲ +9.7% vs. last year
Run the numbers for 07834
Nearby markets
ZIP 07005 07005Seller’s market $365 /sq ftZIP 07034 07034Seller’s market $403 /sq ftZIP 07035 07035Seller’s market $371 /sq ftZIP 07045 07045Seller’s market $358 /sq ft Browse all markets →Market data describes housing activity only.