07204 Housing Market

$528,383

6.2% 1-yr

The average 07204 home value is $528,383, up 6.2% 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

07204 Key Takeaways

Typical Home Values: $528,383

1-year Value Change: +6.2%

(Data through March 31, 2025)

07204 Housing Market Overview

--1-year Market Forecast

16For sale inventory(March 31, 2025)

8New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

$508,500Median 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
07203$497,676
07033$622,534
07083$563,598
07016$743,379
07208$571,741
07202$495,678
07205$497,793
07027$648,438
07036$527,083

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07204 Rental Market Trends

--Average rent in 07204(March 31, 2025)

$2,005National average rent(March 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.