07112 Housing Market

$467,848

0.7% 1-yr

The average 07112 home value is $467,848, down 0.7% 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

07112 Key Takeaways

Typical Home Values: $467,848

1-year Value Change: -0.7%

(Data through March 31, 2025)

07112 Housing Market Overview

--1-year Market Forecast

23For sale inventory(March 31, 2025)

5New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

$499,300Median list price(March 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
07108$489,950
07205$497,793
07111$387,607
07103$400,233
07194--
07114$466,720
07106$453,128
07182--
07102$395,407

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07112 Rental Market Trends

$2,094Average rent in 07112(March 31, 2025)

$2,005National average rent(March 31, 2025)

-0.7%Month-over-month change(March 31, 2025)

11.7%Year-over-year change(March 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.