The 07481 housing market is very competitive. Homes in 07481 receive 4 offers on average and sell in around 53 days. The median sale price of a home in 07481 was $1.2M last month, up 24.0% since last year. The median sale price per square foot in 07481 is $465, up 3.1% since last year.
In February 2025, 07481 home prices were up 24.0% compared to last year, selling for a median price of $1.2M. On average, homes in 07481 sell after 53 days on the market compared to 66 days last year. There were 35 homes sold in February this year, up from 26 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,200,000
+24.0% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
07481, NJ
$1,200,000
+24.0%
United States
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How hot is the 07481 housing market?
07481 is very competitive. Homes sell in 61 days.
0
100
74
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 6% above list price and go pending in around 61 days.
Hot homes
can sell for about 15% above list price and go pending in around 30 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 07481 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 07481.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
07481 has a minor risk of flooding. 403 properties in 07481 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 07481. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
07481 has a moderate risk of wildfire. There are 438 properties in 07481 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 07481.
99% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
07481 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 07481 is most at risk from hurricanes. 5,855 properties in 07481 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 87 mph.