ZIP 07083 Housing Market Report

New York Metro

Report period: August 2026

07083 Monthly Market Update – August 2026

ZIP 07083 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$599,000
−0.2%
Median DOM (Sales)
22
−4.3%
New Listings (Sales)
16
−70.4%
Median Rent
$2,600
+2.0%
Median DOM (Rental)
29
−6.5%
Total Rental Listings
148
+2.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (9 DOM)
  • Fastest renting: Townhouse (13 DOM)
  • Strongest bedroom: Studio ($1,250,000 median)

Sales Market Overview

Median Price
$599,000
−0.2%
Median DOM
22
−4.3%
New Listings
16
−70.4%
Inventory
176
−3.3%
  • Average Price: $607,893
  • Median Price: $599,000
  • Price Range: $235,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $375 / $358
  • Square Footage (Avg/Median): 1,883 / 1,632
  • Square Footage Range: 950 – 4,600
  • Days on Market (Avg/Median): 36 / 22
  • Days on Market Range: 1 – 361
  • New Listings: 16
  • Total Listings: 176

Sales by Property Type

Condo
Avg/Median Price$451,481 / $385,000Range$235,000 – $890,000Price per Sq Ft$378 / $348Sq Ft1,603 / 1,238DOM40 / 22New5Total27
Multi-Family
Avg/Median Price$769,200 / $750,000Range$500,000 – $975,000Price per Sq Ft$317 / $284Sq Ft2,406 / 1,998DOM32 / 31New1Total9
Single Family
Avg/Median Price$628,531 / $599,999Range$375,000 – $1,250,000Price per Sq Ft$379 / $368Sq Ft1,953 / 1,776DOM36 / 22New10Total138
Townhouse
Avg/Median Price$569,500 / $549,999Range$549,999 – $589,000Price per Sq FtSq FtDOM12 / 9New0Total2

Sales by Bedroom Count

Studio
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:Sq Ft:DOM:46 / 46New:0Total:1
1 Beds
Avg:$262,980Median:$249,900Range:$235,000 – $295,000PSF:$64 / $64Sq Ft:4,600 / 4,600DOM:36 / 41New:1Total:5
2 Beds
Avg:$448,986Median:$399,900Range:$259,000 – $675,000PSF:$438 / $405Sq Ft:1,200 / 1,105DOM:33 / 22New:7Total:23
3 Beds
Avg:$574,720Median:$575,000Range:$399,999 – $779,000PSF:$369 / $358Sq Ft:1,654 / 1,709DOM:37 / 21New:2Total:72
4 Beds
Avg:$669,387Median:$649,000Range:$375,000 – $1,099,000PSF:$376 / $397Sq Ft:1,964 / 1,400DOM:37 / 22New:5Total:54
5 Beds
Avg:$764,420Median:$750,000Range:$539,000 – $1,049,000PSF:$351 / $339Sq Ft:2,457 / 2,446DOM:44 / 31New:0Total:14
6 Beds
Avg:$778,475Median:$789,000Range:$650,000 – $875,000PSF:$284 / $284Sq Ft:2,813 / 2,813DOM:28 / 9New:1Total:4
7 Beds
Avg:$975,000Median:$975,000Range:$975,000 – $975,000PSF:Sq Ft:DOM:21 / 21New:0Total:1
8 Beds
Avg:$890,000Median:$890,000Range:$890,000 – $890,000PSF:Sq Ft:DOM:22 / 10New:0Total:2

Rental Market Overview

Median Rent
$2,600
+2.0%
Median DOM
29
−6.5%
New Listings
21
Inventory
148
+2.1%
  • Average Rent: $2,721
  • Median Rent: $2,600
  • Rent Range: $1,000 – $5,800
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,318 / 900
  • Square Footage Range: 250 – 13,130
  • Days on Market (Avg/Median): 48 / 29
  • Days on Market Range: 1 – 316
  • New Listings: 21
  • Total Listings: 148

Rentals by Property Type

Apartment
$2,450
Median DOM: 35
Inventory: 48
MoM: +2.0%
Condo
$2,395
Median DOM: 26
Inventory: 25
MoM: +2.0%
Single Family
$2,850
Median DOM: 27
Inventory: 30
MoM: +2.0%
Townhouse
$3,590
Median DOM: 13
Inventory: 8
MoM: +2.0%
Apartment
Avg/Median Rent$2,491 / $2,450Range$1,500 – $5,000Rent per Sq Ft$3 / $3Sq Ft812 / 858DOM59 / 35New6Total48
Condo
Avg/Median Rent$2,580 / $2,395Range$1,000 – $4,400Rent per Sq Ft$3 / $2Sq Ft1,287 / 1,050DOM49 / 26New3Total25
Multi-Family
Avg/Median Rent$2,632 / $2,700Range$1,500 – $4,450Rent per Sq Ft$2 / $3Sq Ft2,607 / 1,048DOM54 / 39New5Total37
Single Family
Avg/Median Rent$3,092 / $2,850Range$1,000 – $5,800Rent per Sq Ft$2 / $1Sq Ft2,119 / 1,200DOM32 / 27New5Total30
Townhouse
Avg/Median Rent$3,561 / $3,590Range$2,000 – $4,500Rent per Sq Ft$2 / $3Sq Ft1,762 / 1,437DOM24 / 13New2Total8

Rentals by Bedroom Count

Studio
Avg:$2,212Median:$2,123Range:$2,123 – $2,300PSF:$3 / $3Sq Ft:669 / 669DOM:39 / 39New:0Total:2
1 Beds
Avg:$2,129Median:$2,050Range:$1,000 – $2,950PSF:$3 / $3Sq Ft:766 / 788DOM:65 / 38New:3Total:48
2 Beds
Avg:$2,651Median:$2,575Range:$1,900 – $5,000PSF:$3 / $3Sq Ft:1,198 / 1,019DOM:40 / 22New:9Total:52
3 Beds
Avg:$3,375Median:$3,200Range:$1,200 – $5,800PSF:$2 / $2Sq Ft:2,879 / 1,437DOM:43 / 27New:8Total:40
4 Beds
Avg:$3,875Median:$3,900Range:$3,500 – $4,000PSF:$3 / $3Sq Ft:1,250 / 1,250DOM:33 / 32New:1Total:6

6-Month Sales Trend

Mar 2026
Median Price:$589,000Median DOM:23New:46Total:144
Apr 2026
Median Price:$589,000Median DOM:21New:60Total:162
May 2026
Median Price:$599,000Median DOM:17New:64Total:177
Jun 2026
Median Price:$599,000Median DOM:20New:64Total:175
Jul 2026
Median Price:$600,000Median DOM:23New:54Total:182
Aug 2026
Median Price:$599,000Median DOM:22New:16Total:176

6-Month Rental Trend

Mar 2026
Median Rent:$2,700Median DOM:37New:32Total:120
Apr 2026
Median Rent:$2,600Median DOM:37New:34Total:132
May 2026
Median Rent:$2,650Median DOM:39New:28Total:126
Jun 2026
Median Rent:$2,575Median DOM:29New:47Total:138
Jul 2026
Median Rent:$2,550Median DOM:31New:43Total:145
Aug 2026
Median Rent:$2,600Median DOM:29New:21Total:148

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.

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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