Is ZIP 07842, NJ 07842 a buyer’s or seller’s market?

As of 2026-08-31 · Source: Redfin

ZIP 07842 is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above list0%Share of recent sales

Median sale-to-list112.4%Sold price ÷ list price

Median days on market335Listing to accepted offer

Median price per sq ft—

Run the numbers for 07842

Prefilled for 07842Can 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 07005 07005Seller’s market $365 /sq ft ZIP 07034 07034Seller’s market $403 /sq ft ZIP 07035 07035Seller’s market $371 /sq ft ZIP 07045 07045Seller’s market $358 /sq ft Browse all markets →

Market data describes housing activity only.