07718 Housing Market

$601,214

4.4% 1-yr

The average 07718 home value is $601,214, up 4.4% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

07718 Key Takeaways

Typical Home Values: $601,214

1-year Value Change: +4.4%

(Data through January 31, 2026)

07718 Housing Market Overview

1.5%1-year Market Forecast(January 31, 2026)

--For sale inventory(January 31, 2026)

--New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price

--Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
07758$595,987
07737$628,364
07748$744,323
07716$785,221
07734$402,285
07701$674,384
07704$1,430,186
07730$593,188
07732$555,546

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07718 Rental Market Trends

--Average rent in 07718

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.