Featuring Property Focus AI™
07062 Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, 07062 saw 116 residential properties sold. As of June 2025, the median price for a single-family home is $464,000, with a median AVM value of $478,000 for properties sold in the last year.
There are 121 involuntary liens on 102 properties, 21 in pre-foreclosure, and 2,404 properties with more than 50% equity in 07062. The market also includes 1,087 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
3,363
Total Home Sales
116 12 mo. trend
Median Home Price
$464,00012 mo. trend
Average Loan-to-Value
31.14%
Current Pre-foreclosures
21
% of Properties in Distress
0.62%
Total Involuntary Liens
121
% of High Equity Homes
71.48%
Markets Nearby 07062
Explore real estate market data for cities, counties, and zip codes neighboring 07062. Each location features detailed market statistics, sales trends, pre-foreclosure information, and other property information to help understand current housing conditions. These adjacent markets share regional connections with 07062, providing valuable context and insights into the broader real estate landscape.