07981 Housing Market

$715,612

3.4% 1-yr

The average 07981 home value is $715,612, up 3.4% 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

07981 Key Takeaways

Typical Home Values: $715,612

1-year Value Change: +3.4%

(Data through December 31, 2025)

07981 Housing Market Overview

1.8%1-year Market Forecast(December 31, 2025)

12For sale inventory(December 31, 2025)

--New listings(December 31, 2025)

--Median sale to list ratio

--Median sale price(November 30, 2025)

--Median 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
07983--
07927$715,514
07054$703,492
07936$823,387
07932$984,795
07950$695,142
07940$982,958
07034$512,908
07878$528,841

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07981 Rental Market Trends

--Average rent in 07981

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

--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.