07704 Home Values & Market Trends
There are 20 homes currently listed for 07704. 07704 real estate market trends show that home prices range from $619,000 to $2,500,000, and the median sales price in the 07704 zip code is $1,217,500.38. The total number of properties sold within the past twelve months is 79. In 07704, 6 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 07704
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.5M | $1.3M | -16.53% |
| Median Sold Price | $958.7K | $1.3M | 34.87% |
| Homes For Sale | 11 | 17 | 54.55% |
| Homes Sold | 39 | 41 | 5.13% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07704
Browse Homes in 07704
The median list price of a home in Fair Haven, is $1,217,500.38. A total of 20 properties are for sale, and the percentage of properties for sale in the zip code is 20.00%. The total count of 07704 properties is 1,888.
- Pre-ForeclosurePre-foreclosure homes account for 0.26% of all residential properties in 07704 with fair haven containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07704; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,227,250 in fair haven to the lowest home value of $1,238,000 in fair haven.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07704 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 07704. There is 1 cities within 07704; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfair haven has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07704. Auction homes and other auction properties account for 0.05% of all properties in 07704. There is 1 cities within 07704; of that cities, the median estimated home value for homes going to auction ranges from $999,000 in fair haven to the lowest value of $999,000 in fair haven.
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Guide for 07704
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.
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.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.