07656 Home Values & Market Trends

There are 7 homes currently listed for 07656. 07656 real estate market trends show that home prices range from $499,000 to $1,097,000, and the median sales price in the 07656 zip code is $716,342.83. The total number of properties sold within the past twelve months is 101. In 07656, 16 properties are in foreclosure, 0 are bank owned properties,and 3 are headed for auction.

Housing Market Summary for 07656

Apr 2023March 2024Change
Median Listing Price$768.9K$740.3K-3.72%
Median Sold Price$628.3K$740.3K17.83%
Homes For Sale108-20.00%
Homes Sold51557.84%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 07656

The median list price of a home in Park Ridge, is $716,342.83. A total of 7 properties are for sale, and the percentage of properties for sale in the zip code is 7.00%. The total count of 07656 properties is 2,935.

Foreclosure
There is 1 cities within 07656; within this cities, the median estimated home value for homes in foreclosure ranges from $910,100 in park ridge to the lowest value of $580,400 in park ridge. Foreclosure homes account for 0.00% of properties in 07656 with park ridge containing 16 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.44% of all residential properties in 07656 with park ridge containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07656; of that cities, the estimated home value for pre-foreclosure homes ranges from $910,100 in park ridge to the lowest home value of $580,400 in park ridge.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07656 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07656. There is 1 cities within 07656; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    park ridge has 3 auction properties, the highest number of properties going to auction in a single city in the state of 07656. Auction homes and other auction properties account for 0.10% of all properties in 07656. There is 1 cities within 07656; of that cities, the median estimated home value for homes going to auction ranges from $661,800 in park ridge to the lowest value of $594,600 in park ridge.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.24% of residential properties in 07656 with park ridge containing 7 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07656; homes for sale in that cities, have a range of median values from $993,000 in park ridge to the lowest value of $506,400 in park ridge.
    Sold Homes
    The median value for recently sold homes ranges from $1,464,000 in park ridge to the lowest price of $368,500 in park ridge. There is 1 cities within 07656. park ridge has 52 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.77% of properties in 07656.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      07656
      $
      $

      Guide for 07656

      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
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Recently Listed Homes 07656

      No data to show