07624 Housing Market Report January 2025Bergen County, New Jersey

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Housing Prices in 07624, NJ

How much do homes in 07624, 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.
$1,450,000$542/SqFt
+$400,550
+38.2%

Based on all homes listed in the last 12 months

Insight

The list price of homes in 07624 has increased by 38.2% since last year.

Summary: The median home list price in 07624 was $1,450,000 in January 2025, up 38.2% from the previous year, and the median price per square foot was $542.

Median List Price By City

Median List Price By City
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
07624
+38.2%
07640
+11.9%
07630
+1.8%

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.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$575K$799.5K
+39.0%
3$1.1M$625K
-44.4%
4-$949K
N/A
5$1.0M$2.5M
+142.7%

Summary: 07624 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +39.0%. The home price for 3 bedroom homes decreased by -44.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes increased by +142.7%.

Housing supply in 07624, NJ

How many homes are available in 07624, 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
16Last MonthJan 2025
162 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The 07624 real estate market had 16 homes for sale in Jan 2025, the same as Dec 2024

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.
BedsDec 2024Jan 2025Change MoM
100
0.0%
222
0.0%
332
-33.3%
432
-33.3%
5810
+25.0%

Summary: 07624 housing inventory by bedroom type for January 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 decreased by -33.3%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes increased by +25.0%.

Days on Market for 07624, NJ

How long does it take to sell a home in 07624, NJ?

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
87 DaysThis YearJan 2025
141 Days1 year agoJan 2024
-37.9 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 07624 had an average listing age of 87 days in Jan 2025, down by 37.9% compared to the previous year.

Newest Listings in 07624, NJ

What homes are available in 07624, NJ?

Nearby markets

MLS Disclaimers and Copyright

Based on information from New Jersey MLS, for the period 02/01/2023 - 02/01/2025

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. 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: 2/2/2025, 5:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.