#3948270, Listing Office: DAVID REALTY GROUP LLC
07066 Housing Market Report February 2025•Union County, New Jersey
Housing Prices in 07066, NJ
How much do homes in 07066, NJ cost?
Housing Market Conditions
Is 07066, NJ a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
07066 is a Seller's Market
Difference Since February 2024
Since last year, 07066 has remained a Seller's Market.
07066 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in 07066 has remained the same since last year.
Summary: The median home sold price in 07066 was $637,000 in February 2025, down 0.5% from last year, and the median price per square foot was $338.
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $260K | $292.5K | +12.5% |
22 Bedrooms | $515K | $532.5K | +3.4% |
33 Bedrooms | $590K | $608K | +3.1% |
44 Bedrooms | $688.5K | $692.4K | +0.6% |
55+ Bedrooms | $850K | $950K | +11.8% |
Summary: 07066 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +12.5%. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes increased by +3.1%. The home price for 4 bedroom homes increased by +0.6%. The home price for 5 bedroom homes increased by +11.8%.
Housing supply in 07066, NJ
How many homes are available in 07066, NJ?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
39Last MonthFeb 2025 | ||
392 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The 07066 real estate market had 39 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthFeb 2025 | ||
122 months agoJan 2025 | -16.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 14 | 16 | +14.3% |
44 Bedrooms | 17 | 15 | -11.8% |
55+ Bedrooms | 7 | 7 | 0.0% |
Summary: 07066 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes decreased by -11.8%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 07066, NJ cost?
Over Asking Price6 Homes
At Asking Price0 Home
Under Asking Price4 Homes
If you're buying a home in 07066, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 07066 in February 2025, down by 16.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and and 60% were sold over asking.
Days on Market for 07066, NJ
How long does it take to sell a home in 07066, NJ?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in 07066 has remained consistent over time.
Summary: During February 2025, 10 homes were sold in 07066; 0% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
61 DaysThis YearFeb 2025 | ||
0 Days1 year agoFeb 2024 | 0.0 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 07066 had an average listing age of 61 days in Feb 2025, down by .0% compared to the previous year.
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Newest Listings in 07066, NJ
What homes are available in 07066, NJ?
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MLS Disclaimers and Copyright
Based on information from Garden State MLS, and ALL JERSEY MLS for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.