Is ZIP 08802, NJ 08802 a buyer’s or seller’s market?

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

ZIP 08802 is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.2Under 4 months = seller’s market
Sold above list61.5%Share of recent sales
Median sale-to-list100.9%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$261▼ −11.2% vs. last year

Nearby markets

ZIP 07830 07830Seller’s market $297 /sq ftZIP 08530 08530Seller’s market $392 /sq ftZIP 08551 08551Seller’s market $314 /sq ftZIP 08559 08559Balanced $345 /sq ft Browse all markets →

Market data describes housing activity only.