Is ZIP 08514, NJ 08514 a buyer’s or seller’s market?

Balanced As of 2026-08-31 · Source: Redfin

ZIP 08514 is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.4Under 4 months = seller’s market

Sold above list38.4%Share of recent sales

Median sale-to-list100.6%Sold price ÷ list price

Median days on market31Listing to accepted offer

Median price per sq ft$325▼ −6.6% vs. last year

Run the numbers for 08514

Prefilled for 08514Can 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 07701 07701Seller’s market $472 /sq ft ZIP 07702 07702Seller’s market $497 /sq ft ZIP 07704 07704Seller’s market $778 /sq ft ZIP 07711 07711Buyer’s market $2,523 /sq ft Browse all markets →

Market data describes housing activity only.