07502 Housing Market

$504,446

7.1% 1-yr

The average 07502 home value is $504,446, up 7.1% 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

07502 Key Takeaways

Typical Home Values: $504,446

1-year Value Change: +7.1%

(Data through March 31, 2025)

07502 Housing Market Overview

--1-year Market Forecast

11For sale inventory(March 31, 2025)

4New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

--Median 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
07522$449,741
07505--
07501$432,886
07512$614,729
07524$493,849
07503$508,032
07424$596,086
07513$541,198
07508$591,976

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07502 Rental Market Trends

--Average rent in 07502

$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.