The 07111 housing market is somewhat competitive. Homes in 07111 receive 4 offers on average and sell in around 56 days. The median sale price of a home in 07111 was $450K last month, up 27.0% since last year. The median sale price per square foot in 07111 is $265, up 14.5% since last year.
In March 2024, 07111 home prices were up 27.0% compared to last year, selling for a median price of $450K. On average, homes in 07111 sell after 56 days on the market compared to 80 days last year. There were 97 homes sold in March this year, up from 95 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$450,000
+27.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
07111, NJ
$450,000
+27.0%
United States
To compare other locations to the 07111 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 07111 housing market?
07111 is somewhat competitive. Homes sell in 67 days.
0
100
62
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 5% above list price and go pending in around 67 days.
Hot homes
can sell for about 10% above list price and go pending in around 25 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
Seth Boyden Elementary School
Public • K-5
496
Students
5 reviews
6/10
Chancellor Avenue Elementary School
Public • K-5
482
Students
1 reviews
5/10
Berkeley Terrace
Public • PreK-5
487
Students
8 reviews
5/10
Grove Street Elementary School
Public • PreK-5
430
Students
3 reviews
5/10
University Elementary School
Public • PreK-5
459
Students
N/A
Only showing 5 of
17 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 07111 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07111.
Risk Factor
Flood Factor - Moderate
23% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07111 has a moderate risk of flooding. 1,410 properties in 07111 are likely to be
severely affected
by flooding over the next 30 years. This represents 23% of all properties in 07111. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
07111 has a minor risk of wildfire. There are 22 properties in 07111 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 07111.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07111 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07111 is most at risk from hurricanes. 9,978 properties in 07111 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 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.