Is ZIP 07853, NJ 07853 a buyer’s or seller’s market?

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

ZIP 07853 is a seller’s market. With about 1.4 months of supply and 77% 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 supply1.4Under 4 months = seller’s market
Sold above list76.9%Share of recent sales
Median sale-to-list104.7%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$302▲ +4.3% vs. last year

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.