ZIP 07077 Housing Market Report

New York Metro

Report period: August 2026

07077 Monthly Market Update – August 2026

ZIP 07077 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$539,000
+5.7%
Median DOM (Sales)
21
0.0%
New Listings (Sales)
1
−75.0%
Median Rent
$3,700
+32.1%
Median DOM (Rental)
21
−27.6%
Total Rental Listings
3
0.0%

Month-over-Month Movement

Median sale prices moved higher. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Multi-Family (5 DOM)
  • Fastest renting: Single Family (5 DOM)
  • Strongest bedroom: Studio ($575,000 median)

Sales Market Overview

Median Price
$539,000
+5.7%
Median DOM
21
0.0%
New Listings
1
−75.0%
Inventory
15
+7.1%
  • Average Price: $521,053
  • Median Price: $539,000
  • Price Range: $425,000 – $685,000
  • Price per Sq Ft (Avg/Median): $369 / $312
  • Square Footage (Avg/Median): 1,458 / 1,467
  • Square Footage Range: 792 – 1,842
  • Days on Market (Avg/Median): 48 / 21
  • Days on Market Range: 3 – 270
  • New Listings: 1
  • Total Listings: 15

Sales by Property Type

Multi-Family
Avg/Median Price$575,000 / $575,000Range$575,000 – $575,000Price per Sq FtSq FtDOM5 / 5New1Total1
Single Family
Avg/Median Price$523,985 / $539,000Range$425,000 – $685,000Price per Sq Ft$369 / $312Sq Ft1,458 / 1,467DOM54 / 29New0Total13
Townhouse
Avg/Median Price$429,000 / $429,000Range$429,000 – $429,000Price per Sq FtSq FtDOM12 / 12New0Total1

Sales by Bedroom Count

Studio
Avg:$575,000Median:$575,000Range:$575,000 – $575,000PSF:Sq Ft:DOM:5 / 5New:1Total:1
3 Beds
Avg:$534,475Median:$449,000Range:$429,000 – $685,000PSF:$309 / $306Sq Ft:1,654 / 1,467DOM:112 / 48New:0Total:4
4 Beds
Avg:$510,290Median:$510,000Range:$425,000 – $579,000PSF:$384 / $320Sq Ft:1,409 / 1,420DOM:27 / 21New:0Total:10

Rental Market Overview

Median Rent
$3,700
+32.1%
Median DOM
21
−27.6%
New Listings
1
Inventory
3
0.0%
  • Average Rent: $3,483
  • Median Rent: $3,700
  • Rent Range: $1,800 – $4,950
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,802 / 1,083
  • Square Footage Range: 1,083 – 2,520
  • Days on Market (Avg/Median): 30 / 21
  • Days on Market Range: 5 – 63
  • New Listings: 1
  • Total Listings: 3

Rentals by Property Type

Apartment
$1,800
Median DOM: 21
Inventory: 1
MoM: +32.1%
Condo
Median DOM:
Inventory:
MoM: +32.1%
Single Family
$3,700
Median DOM: 5
Inventory: 2
MoM: +32.1%
Townhouse
Median DOM:
Inventory:
MoM: +32.1%
Apartment
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$1 / $1Sq Ft2,520 / 2,520DOM21 / 21New0Total1
Single Family
Avg/Median Rent$4,325 / $3,700Range$3,700 – $4,950Rent per Sq Ft$3 / $3Sq Ft1,083 / 1,083DOM34 / 5New1Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,800Median:$1,800Range:$1,800 – $1,800PSF:$1 / $1Sq Ft:2,520 / 2,520DOM:21 / 21New:0Total:1
3 Beds
Avg:$3,700Median:$3,700Range:$3,700 – $3,700PSF:$3 / $3Sq Ft:1,083 / 1,083DOM:63 / 63New:0Total:1
4 Beds
Avg:$4,950Median:$4,950Range:$4,950 – $4,950PSF:Sq Ft:DOM:5 / 5New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$459,000Median DOM:65New:4Total:11
Apr 2026
Median Price:$459,000Median DOM:41New:1Total:11
May 2026
Median Price:$449,000Median DOM:67New:1Total:11
Jun 2026
Median Price:$510,000Median DOM:17New:8Total:12
Jul 2026
Median Price:$510,000Median DOM:21New:4Total:14
Aug 2026
Median Price:$539,000Median DOM:21New:1Total:15

6-Month Rental Trend

Mar 2026
Median Rent:$2,500Median DOM:98New:1Total:3
Apr 2026
Median Rent:$2,250Median DOM:58New:1Total:4
May 2026
Median Rent:$2,800Median DOM:10New:2Total:4
Jun 2026
Median Rent:$2,800Median DOM:21New:1Total:3
Jul 2026
Median Rent:$2,800Median DOM:29New:1Total:3
Aug 2026
Median Rent:$3,700Median DOM:21New:1Total:3

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory was flat.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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