The 07302 housing market is somewhat competitive. Homes in 07302 receive 3 offers on average and sell in around 50.5 days. The median sale price of a home in 07302 was $860K last month, up 8.9% since last year. The median sale price per square foot in 07302 is $872, up 11.2% since last year.
In April 2024, 07302 home prices were up 8.9% compared to last year, selling for a median price of $860K. On average, homes in 07302 sell after 51 days on the market compared to 54 days last year. There were 119 homes sold in April this year, up from 95 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$860,000
+8.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
07302, NJ
$860,000
+8.9%
United States
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How hot is the 07302 housing market?
07302 is somewhat competitive. Homes sell in 39 days.
0
100
58
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 39 days.
Hot homes
can sell for about 1% above list price and go pending in around 15 days.
Martin Luther King, Junior No. 11 Elementary School
Public • PreK-8
835
Students
10 reviews
4/10
Frank R. Conwell No. 3 Elementary School
Public • PreK-5
601
Students
14 reviews
Only showing 5 of
6 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 07302 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07302.
Risk Factor
Flood Factor - Severe
88% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07302 has a severe risk of flooding. 6,273 properties in 07302 are likely to be
severely affected
by flooding over the next 30 years. This represents 88% of all properties in 07302. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07302 has a moderate risk of wildfire. There are 35 properties in 07302 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07302.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07302 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07302 is most at risk from hurricanes. 11,524 properties in 07302 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 119 mph.