07024 Home Values & Market Trends
There are 25 homes currently listed for 07024. 07024 real estate market trends show that home prices range from $2,950 to $2,388,000, and the median sales price in the 07024 zip code is $714,849.92. The total number of properties sold within the past twelve months is 377. In 07024, 46 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
Housing Market Summary for 07024
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $719.5K | $650.3K | -9.61% |
| Median Sold Price | $572.3K | $650.3K | 13.63% |
| Homes For Sale | 32 | 29 | -9.38% |
| Homes Sold | 184 | 171 | -7.07% |
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 07024
Browse Homes in 07024
The median list price of a home in Fort Lee, is $714,849.92. A total of 25 properties are for sale, and the percentage of properties for sale in the zip code is 25.00%. The total count of 07024 properties is 8,406.
- Pre-ForeclosurePre-foreclosure homes account for 0.48% of all residential properties in 07024 with fort lee containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07024; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,522,000 in fort lee to the lowest home value of $240,600 in fort lee.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07024 ranges from the highest value of $703,300 in fort lee to the lowest value of $703,300 in fort lee. Bank owned homes and properties account for 0.01% of properties in 07024. There is 1 cities within 07024; fort lee containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsfort lee has 5 auction properties, the highest number of properties going to auction in a single city in the state of 07024. Auction homes and other auction properties account for 0.06% of all properties in 07024. There is 1 cities within 07024; of that cities, the median estimated home value for homes going to auction ranges from $1,510,000 in fort lee to the lowest value of $342,250 in fort lee.
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More Real Estate Resources for 07024
Guide for 07024
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.
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