The 07107 housing market is somewhat competitive. The median sale price of a home in 07107 was $468K last month, down 4.1% since last year. The median sale price per square foot in 07107 is $246, up 56.0% since last year.
In March 2024, 07107 home prices were down 4.1% compared to last year, selling for a median price of $468K. On average, homes in 07107 sell after 70 days on the market compared to 139 days last year. There were 34 homes sold in March this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$467,500
-4.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07107, NJ
$467,500
-4.1%
United States
To compare other locations to the 07107 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New Jersey add value to a home.
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How hot is the 07107 housing market?
07107 is somewhat competitive. Homes sell in 81.5 days.
0
100
53
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 4% above list price and go pending in around 82 days.
Hot homes
can sell for about 7% above list price and go pending in around 40 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Salome Urena Elementary School
Public • PreK-6
285
Students
N/A
5/10
Mildred B. Garvin School
Public • PreK-5
356
Students
N/A
5/10
McKinley Elementary School
Public • PreK-8 • Choice school
852
Students
9 reviews
4/10
First Avenue Elementary School
Public • PreK-8 • Choice school
1118
Students
14 reviews
4/10
Dr. William H. Horton Elementary School
Public • K-8 • Choice school
731
Students
4 reviews
Only showing 5 of
15 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 07107 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07107.
Risk Factor
Flood Factor - Major
33% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07107 has a major risk of flooding. 1,351 properties in 07107 are likely to be
severely affected
by flooding over the next 30 years. This represents 33% of all properties in 07107. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07107 has a moderate risk of wildfire. There are 24 properties in 07107 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07107.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07107 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07107 is most at risk from hurricanes. 5,857 properties in 07107 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 81 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.