Is ZIP 07901, NJ 07901 a buyer’s or seller’s market?
ZIP 07901 is a seller’s market. With about 0.8 months of supply and 79% 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 supply0.8Under 4 months = seller’s market
Sold above list79.4%Share of recent sales
Median sale-to-list111.6%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$715▲ +3.7% vs. last year
Run the numbers for 07901
Nearby markets
ZIP 07016 07016Seller’s market $469 /sq ftZIP 07023 07023Seller’s market $465 /sq ftZIP 07027 07027Seller’s market $422 /sq ftZIP 07033 07033Seller’s market $471 /sq ft Browse all markets →Market data describes housing activity only.