07950 Housing Market

$695,142

2.3% 1-yr

The average 07950 home value is $695,142, up 2.3% 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

07950 Key Takeaways

Typical Home Values: $695,142

1-year Value Change: +2.3%

(Data through December 31, 2025)

07950 Housing Market Overview

1.6%1-year Market Forecast(December 31, 2025)

46For sale inventory(December 31, 2025)

17New listings(December 31, 2025)

--Median sale to list ratio

$657,500Median sale price(November 30, 2025)

$642,967Median list price(December 31, 2025)

--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
07878$528,841
07927$715,514
07834$641,232
07983--
07981$715,612
07046$1,162,310
07960$856,478
07054$703,492
07801$493,391

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07950 Rental Market Trends

$3,084Average rent in 07950(December 31, 2025)

$1,901National average rent(December 31, 2025)

-0.5%Month-over-month change(December 31, 2025)

1.1%Year-over-year change(December 31, 2025)

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.