08051 Home Values & Market Trends

There are 9 homes currently listed for 08051. 08051 real estate market trends show that home prices range from $189,000 to $579,000, and the median sales price in the 08051 zip code is $275,331.69. The total number of properties sold within the past twelve months is 179. In 08051, 51 properties are in foreclosure, 2 are bank owned properties,and 7 are headed for auction.

08051 Real Estate Market Overview

CityMedian Est. Value
Mantua

$ 279,000

$ 180/sqft

Housing Market Summary for 08051

Apr 2023March 2024Change
Median Listing Price$260K$263.6K1.38%
Median Sold Price$233.5K$263.6K12.89%
Homes For Sale77-
Homes Sold778611.69%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 08051

The median list price of a home in Mantua, is $275,331.69. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 08051 properties is 3,823.

Foreclosure
There is 1 cities within 08051; within this cities, the median estimated home value for homes in foreclosure ranges from $436,900 in mantua to the lowest value of $166,400 in mantua. Foreclosure homes account for 1.00% of properties in 08051 with mantua containing 42 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.10% of all residential properties in 08051 with mantua containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 08051; of that cities, the estimated home value for pre-foreclosure homes ranges from $436,900 in mantua to the lowest home value of $166,400 in mantua.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 08051 ranges from the highest value of $169,900 in mantua to the lowest value of $169,900 in mantua. Bank owned homes and properties account for 0.05% of properties in 08051. There is 1 cities within 08051; mantua containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    mantua has 4 auction properties, the highest number of properties going to auction in a single city in the state of 08051. Auction homes and other auction properties account for 0.18% of all properties in 08051. There is 1 cities within 08051; of that cities, the median estimated home value for homes going to auction ranges from $341,500 in mantua to the lowest value of $244,300 in mantua.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in 08051 with mantua containing 9 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 08051; homes for sale in that cities, have a range of median values from $457,200 in mantua to the lowest value of $182,200 in mantua.
    Sold Homes
    The median value for recently sold homes ranges from $554,700 in mantua to the lowest price of $111,800 in mantua. There is 1 cities within 08051. mantua has 63 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.94% of properties in 08051.

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      Guide for 08051

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.