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Is ZIP 07851, NJ 07851 a buyer’s or seller’s market?

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

ZIP 07851 is a seller’s market. With about 1.1 months of supply and 67% 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 supply1.1Under 4 months = seller’s market
Sold above list66.6%Share of recent sales
Median sale-to-list101%Sold price ÷ list price
Median days on market129Listing to accepted offer
Median price per sq ft$194

Run the numbers for 07851

Prefilled for 07851Can 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 07416 07416Seller’s market $234 /sq ftZIP 07418 07418Seller’s market $273 /sq ftZIP 07419 07419Seller’s market $252 /sq ftZIP 07422 07422Seller’s market $356 /sq ft Browse all markets →

Market data describes housing activity only.