07730, Hazlet, NJ

The 7730 zip code of Hazlet, NJ has a median home value of $236,000 and a median home equity of $128,000. This is significantly higher than the statewide median home value of $181,500 and the national median home equity of $141,700. The high home values in this zip code are likely due to its close proximity to New York City and its affluent suburbs.

Despite the high home values in this zip code, there is evidence that the market is beginning to slow down. The number of homes sold in the 7730 zip code decreased by 6% from 2016 to 2017 and by 9% from 2015 to 2017. Additionally, the number of homes purchased in this zip code decreased by 5% from 2016 to 2017 and by 10% from 2015 to 2017. These decreases may be indicative of a market correction or a shift towards more affordable housing options in this area.