The 08731 housing market is somewhat competitive. The median sale price of a home in 08731 was $465K last month, up 15.5% since last year. The median sale price per square foot in 08731 is $284, down 10.4% since last year.
In February 2025, 08731 home prices were up 15.5% compared to last year, selling for a median price of $465K. On average, homes in 08731 sell after 34 days on the market compared to 31 days last year. There were 75 homes sold in February this year, up from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$465,000
+15.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
08731, NJ
$465,000
+15.5%
United States
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How hot is the 08731 housing market?
08731 is somewhat competitive. Homes sell in 53 days.
0
100
63
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 1% below list price and go pending in around 53 days.
Hot homes
can sell for about 1% above list price and go pending in around 21 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 08731 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 08731.
Flood Factor - Major
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
08731 has a major risk of flooding. 4,218 properties in 08731 are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in 08731. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
08731 has a major risk of wildfire. There are 18,751 properties in 08731 that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in 08731.
65% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
08731 has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 08731 is most at risk from hurricanes. 12,229 properties in 08731 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 128 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 147 mph.