07005 Home Values & Market Trends

There are 75 homes currently listed for 07005. 07005 real estate market trends show that home prices range from $260,000 to $2,350,000, and the median sales price in the 07005 zip code is $701,389.77. The total number of properties sold within the past twelve months is 169. In 07005, 28 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.

07005 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Boonton

$ 681,400

$ 358/sqft

Housing Market Summary for 07005

Mar 2025March 2026Change
Median Listing Price$572K$720.4K25.94%
Median Sold Price$612.5K$720.4K17.62%
Homes For Sale1675368.75%
Homes Sold10482-21.15%
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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%.

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Recently Sold Homes

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Browse Homes in 07005

The median list price of a home in Boonton, is $701,389.77. A total of 75 properties are for sale, and the percentage of properties for sale in the zip code is 72.82%. The total count of 07005 properties is 4,894.

Foreclosure
There is 1 cities within 07005; within this cities, the median estimated home value for homes in foreclosure ranges from $1,699,000 in Boonton to the lowest value of $535,900 in Boonton. Foreclosure homes account for 0.00% of properties in 07005 with Boonton containing 28 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.55% of all residential properties in 07005 with Boonton containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07005; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,699,000 in Boonton to the lowest home value of $535,900 in Boonton.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07005 ranges from the highest value of $1,119,000 in Boonton to the lowest value of $1,119,000 in Boonton. Bank owned homes and properties account for 0.02% of properties in 07005. There is 1 cities within 07005; Boonton containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07005. Auction homes and other auction properties account for 0% of all properties in 07005. There is 1 cities within 07005; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.53% of residential properties in 07005 with Boonton containing 75 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07005; homes for sale in that cities, have a range of median values from $1,708,000 in Boonton to the lowest value of $342,100 in Boonton.
    Sold Homes
    The median value for recently sold homes ranges from $1,785,000 in Boonton to the lowest price of $454,800 in Boonton. There is 1 cities within 07005. Boonton has 78 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.59% of properties in 07005.

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