Is it affordable or expensive to live in 07112, NJ?

It is expensive to live in 07112. Buying a home in 07112 is 1% more expensive compared with the national average.

Is it a good time to buy property in 07112, NJ?

Yes now is a good time to buy property in 07112, in May 2025, homes in 07112 have decreased in value (price per sqft) by 18% in the last year compared with October 2025.

Is the 07112, NJ housing market slowing down?

The housing market in 07112 is slowing down. In May 2025, homes to buy in 07112 spent an median 43 days on the market, a 2% decrease from October 2025 last year.

What are the best and safest places to live in 07112, NJ?

The best and safest neighborhoods to live in 07112 in May 2025 are Tribeca, Central Park, West Village, Upper East Side, Upper West Side, Gramercy Park, Hamilton Park, The Waterfront, Historic Downtown, The Heights, Forest Hill, Greenville, Journal Square, Upper Vailsburg, North Ironbound, Upper Clinton Hill, Weequahic, Lower Vailsburg, Tudor City, University Heights

How much money should I make to buy a house in 07112, NJ?

In May 2025, 07112 homes were listed to buy for a median price of $445K, with 25% down you would need $2.96K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $101K.

Is it a good time to sell my house in 07112, NJ?

Yes now is a good time to sell your house in 07112, in May 2025, homes in 07112 have decreased in value (price per sqft) by 18% in the last year compared with October 2025.

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