The 07041 housing market is very competitive. The median sale price of a home in 07041 was $860K last month, down 5.4% since last year. The median sale price per square foot in 07041 is $693, up 9.6% since last year.
In February 2025, 07041 home prices were down 5.4% compared to last year, selling for a median price of $860K. On average, homes in 07041 sell after 54 days on the market compared to 16 days last year. There were 13 homes sold in February this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$860,000
-5.4% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
07041, NJ
$860,000
-5.4%
United States
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How hot is the 07041 housing market?
07041 is very competitive. Homes sell in 40.5 days.
0
100
82
Very 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 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 41 days.
Hot homes
can sell for about 8% above list price and go pending in around 15 days.
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 07041 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07041.
Flood Factor - Major
35% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07041 has a major risk of flooding. 632 properties in 07041 are likely to be
severely affected
by flooding over the next 30 years. This represents 35% of all properties in 07041. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07041 has a moderate risk of wildfire. There are 10 properties in 07041 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07041.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07041 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07041 is most at risk from hurricanes. 2,330 properties in 07041 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.