07023 Home Values & Market Trends
There are 48 homes currently listed for 07023. 07023 real estate market trends show that home prices range from $482,000 to $1,550,000, and the median sales price in the 07023 zip code is $790,000.14. The total number of properties sold within the past twelve months is 77. In 07023, 6 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
07023 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Fanwood | $ 763,950 $ 480/sqft |
Housing Market Summary for 07023
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $600K | $802.6K | 33.78% |
| Median Sold Price | $725.1K | $802.6K | 10.69% |
| Homes For Sale | 14 | 48 | 242.86% |
| Homes Sold | 44 | 36 | -18.18% |
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 07023
Browse Homes in 07023
The median list price of a home in Fanwood, is $790,000.14. A total of 48 properties are for sale, and the percentage of properties for sale in the zip code is 88.89%. The total count of 07023 properties is 2,461.
- Pre-ForeclosurePre-foreclosure homes account for 0.24% of all residential properties in 07023 with Fanwood containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07023; of that cities, the estimated home value for pre-foreclosure homes ranges from $851,800 in Fanwood to the lowest home value of $536,000 in Fanwood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07023 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07023. There is 1 cities within 07023; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 07023. Auction homes and other auction properties account for 0% of all properties in 07023. There is 1 cities within 07023; 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.