07723 Housing Market

$4,534,643

17.2% 1-yr

The average 07723 home value is $4,534,643, up 17.2% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

07723 Key Takeaways

Typical Home Values: $4,534,643

1-Year Value Change: +17.2%

(Data through August 31, 2026)

07723 Housing Market Overview

1-Year Market Forecast: 4.9% (August 31, 2026)

For Sale Inventory: 10 (August 31, 2026)

New Listings: --

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
07711$2,548,597
07755$1,094,741
07756$940,569
07764$1,016,308
07712$770,179
07740$847,672
07720$1,138,151
07717$1,883,158
07757$972,567

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07723 Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.