07072 Housing Market Report February 2025Bergen County, New Jersey

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Housing Prices in 07072, NJ

How much do homes in 07072, NJ cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$649,000$398/SqFt
+$50,000
+8.3%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 07072 has increased by 8.3% since last year.

Summary: The median home list price in 07072 was $649,000 in February 2025, up 8.3% from the previous year, and the median price per square foot was $398.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
07072
+8.3%
07073
+6.4%
07075
-0.5%
07074
-71.1%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2-$499K
N/A
3$549K$532K
-3.1%
4$649K$699.5K
+7.8%
5-$912K
N/A

Summary: 07072 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -3.1%. The home price for 4 bedroom homes increased by +7.8%. The home price for 5 bedroom homes did not change.

How does 07072, NJ compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

07072, NJ

Housing supply in 07072, NJ

How many homes are available in 07072, NJ?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
10Last MonthFeb 2025
42 months agoJan 2025
+150.0 %
Change MoMJan – Feb

Summary: The 07072 real estate market had 10 homes for sale in Feb 2025, a 150.0 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
201
+100.0%
312
+100.0%
413
+200.0%
524
+100.0%

Summary: 07072 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 increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in 07072, NJ cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in 07072, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 07072 in February 2025, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for 07072, NJ

How long does it take to sell a home in 07072, NJ?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 07072 are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 1 homes were sold in 07072; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
47 DaysThis YearFeb 2025
86 Days1 year agoFeb 2024
-44.4 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 07072 had an average listing age of 47 days in Feb 2025, down by 44.4% compared to the previous year.

Newest Listings in 07072, NJ

What homes are available in 07072, NJ?

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, for the period 03/01/2023 - 03/01/2025

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Information provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.