Featuring Property Focus AI™
07508 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, 07508 saw 182 residential properties sold. As of July 2026, the median price for a single-family home is $660,000, with a median AVM value of $659,500 for properties sold in the last year.
There are 105 involuntary liens on 88 properties, 26 in pre-foreclosure, and 4,513 properties with more than 50% equity in 07508. The market also includes 1,483 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
5,744
Total Home Sales
182 12 mo. trend
Median Home Price
$660,00012 mo. trend
Average Loan-to-Value
28.28%
Current Pre-foreclosures
26
% of Properties in Distress
0.45%
Total Involuntary Liens
105
% of High Equity Homes
78.57%
Markets Nearby 07508
Explore real estate market data for cities, counties, and zip codes neighboring 07508. 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 07508, providing valuable context and insights into the broader real estate landscape.