The 08542 housing market is somewhat competitive. The median sale price of a home in 08542 was $975K last month, up 14.7% since last year. The median sale price per square foot in 08542 is $429, down 27.9% since last year.
In February 2025, 08542 home prices were up 14.7% compared to last year, selling for a median price of $975K. On average, homes in 08542 sell after 229 days on the market compared to 71 days last year. There were 4 homes sold in February this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$975,000
+14.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
08542, NJ
$975,000
+14.7%
United States
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How hot is the 08542 housing market?
08542 is somewhat competitive. Homes sell in 31 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 12 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 31 days.
Hot homes
can sell for about 4% above list price and go pending in around 17 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 08542 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08542.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08542 has a moderate risk of flooding. 95 properties in 08542 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 08542. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
08542 has a minor risk of wildfire. There are 3 properties in 08542 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 08542.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08542 has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08542 is most at risk from hurricanes. 1,269 properties in 08542 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.