07901 Housing Market

$1,398,225

13.0% 1-yr

The average 07901 home value is $1,398,225, up 13.0% over the past year. (Updated on 8/31/2026)

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

07901 Key Takeaways

Typical Home Values: $1,398,225

1-Year Value Change: +13%

(Data through August 31, 2026)

07901 Housing Market Overview

1-Year Market Forecast: 4% (August 31, 2026)

For Sale Inventory: 34 (August 31, 2026)

New Listings: 16 (August 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $1,416,667 (August 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, housing data available for download in the Housing Data page)

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
07974$1,009,582
07092$1,062,764
07081$705,385
07928$1,376,556
07078$2,382,286
07041$1,307,886
07940$1,074,213
07088$473,301
07922$942,461

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07901 Rental Market Trends

Average Rent: $3,047 (August 31, 2026)

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: -0.5% (August 31, 2026)

Year-Over-Year Change: 2.2% (August 31, 2026)

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.