The 07109 housing market is very competitive. Homes in 07109 receive 2 offers on average and sell in around 25 days. The median sale price of a home in 07109 was $478K last month, up 4.9% since last year. The median sale price per square foot in 07109 is $398, up 17.1% since last year.
In October 2024, 07109 home prices were up 4.9% compared to last year, selling for a median price of $478K. On average, homes in 07109 sell after 25 days on the market compared to 41 days last year. There were 88 homes sold in October this year, up from 60 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$477,500
+4.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
07109, NJ
$477,500
+4.9%
United States
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How hot is the 07109 housing market?
07109 is very competitive. Homes sell in 22 days.
0
100
84
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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 7% above list price and go pending in around 22 days.
Hot homes
can sell for about 12% above list price and go pending in around 14 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 07109 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07109.
Flood Factor - Severe
29% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07109 has a severe risk of flooding. 2,119 properties in 07109 are likely to be
severely affected
by flooding over the next 30 years. This represents 29% of all properties in 07109. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07109 has a moderate risk of wildfire. There are properties in 07109 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07109.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07109 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07109 is most at risk from hurricanes. 9,649 properties in 07109 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 90 mph.