ZIP 07062 Housing Market Report

New York Metro

Report period: March 2026

07062 Monthly Market Update – March 2026

ZIP 07062 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$475,000
−1.7%
Median DOM (Sales)
57
−26.9%
New Listings (Sales)
3
−70.0%
Median Rent
$2,650
0.0%
Median DOM (Rental)
43
+34.4%
Total Rental Listings
35
+2.9%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (9 DOM)
  • Fastest renting: Apartment (23 DOM)
  • Strongest bedroom: 7 Beds ($750,000 median)

Sales Market Overview

Median Price
$475,000
−1.7%
Median DOM
57
−26.9%
New Listings
3
−70.0%
Inventory
40
−4.8%
  • Average Price: $495,447
  • Median Price: $475,000
  • Price Range: $170,000 – $750,000
  • Price per Sq Ft (Avg/Median): $342 / $335
  • Square Footage (Avg/Median): 1,807 / 1,306
  • Square Footage Range: 672 – 8,406
  • Days on Market (Avg/Median): 69 / 57
  • Days on Market Range: 5 – 192
  • New Listings: 3
  • Total Listings: 40

Sales by Property Type

Condo
Avg/Median Price$260,000 / $215,000Range$170,000 – $395,000Price per Sq Ft$276 / $276Sq Ft780 / 780DOM26 / 9New1Total3
Multi-Family
Avg/Median Price$699,000 / $699,000Range$699,000 – $699,000Price per Sq FtSq FtDOM17 / 17New0Total1
Single Family
Avg/Median Price$509,413 / $483,000Range$339,900 – $750,000Price per Sq Ft$347 / $339Sq Ft1,886 / 1,326DOM74 / 79New2Total36

Sales by Bedroom Count

Studio
Avg:$400,000Median:$400,000Range:$400,000 – $400,000PSF:$242 / $242Sq Ft:1,656 / 1,656DOM:8 / 8New:1Total:1
1 Beds
Avg:$170,000Median:$170,000Range:$170,000 – $170,000PSF:Sq Ft:DOM:63 / 63New:0Total:1
2 Beds
Avg:$368,827Median:$399,000Range:$215,000 – $428,992PSF:$349 / $326Sq Ft:969 / 875DOM:67 / 21New:1Total:7
3 Beds
Avg:$529,012Median:$549,900Range:$389,900 – $739,900PSF:$370 / $370Sq Ft:1,373 / 1,326DOM:53 / 24New:1Total:15
4 Beds
Avg:$506,741Median:$499,000Range:$390,000 – $699,000PSF:$397 / $335Sq Ft:1,449 / 1,400DOM:69 / 57New:0Total:12
5 Beds
Avg:$475,000Median:$475,000Range:$475,000 – $475,000PSF:$57 / $57Sq Ft:8,406 / 8,406DOM:142 / 142New:0Total:1
6 Beds
Avg:$675,000Median:$675,000Range:$675,000 – $675,000PSF:Sq Ft:DOM:New:0Total:1
7 Beds
Avg:$750,000Median:$750,000Range:$750,000 – $750,000PSF:Sq Ft:DOM:183 / 174New:0Total:2

Rental Market Overview

Median Rent
$2,650
0.0%
Median DOM
43
+34.4%
New Listings
1
Inventory
35
+2.9%
  • Average Rent: $2,742
  • Median Rent: $2,650
  • Rent Range: $1,750 – $4,100
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 918 / 785
  • Square Footage Range: 585 – 1,714
  • Days on Market (Avg/Median): 64 / 43
  • Days on Market Range: 1 – 345
  • New Listings: 1
  • Total Listings: 35

Rentals by Property Type

Apartment
$2,450
Median DOM: 23
Inventory: 15
MoM: 0.0%
Condo
$1,800
Median DOM: 93
Inventory: 1
MoM: 0.0%
Single Family
$3,750
Median DOM: 66
Inventory: 3
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,518 / $2,450Range$1,750 – $3,600Rent per Sq Ft$3 / $3Sq Ft806 / 767DOM88 / 23New1Total15
Condo
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq FtSq FtDOM93 / 93New0Total1
Multi-Family
Avg/Median Rent$2,816 / $2,650Range$1,850 – $3,750Rent per Sq Ft$3 / $3Sq Ft1,035 / 922DOM45 / 23New0Total16
Single Family
Avg/Median Rent$3,783 / $3,750Range$3,500 – $4,100Rent per Sq Ft$3 / $2Sq Ft1,406 / 1,099DOM57 / 66New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,750Median:$1,900Range:$1,900 – $3,600PSF:$4 / $3Sq Ft:718 / 585DOM:9 / 9New:0Total:2
1 Beds
Avg:$2,002Median:$1,875Range:$1,750 – $2,450PSF:$3 / $3Sq Ft:724 / 760DOM:135 / 93New:1Total:8
2 Beds
Avg:$2,582Median:$2,650Range:$1,850 – $3,250PSF:$4 / $4Sq Ft:830 / 687DOM:51 / 23New:0Total:11
3 Beds
Avg:$3,150Median:$3,200Range:$2,300 – $3,500PSF:$3 / $3Sq Ft:1,040 / 1,048DOM:39 / 23New:0Total:9
4 Beds
Avg:$3,540Median:$3,750Range:$3,000 – $4,100PSF:$2 / $2Sq Ft:1,693 / 1,672DOM:51 / 43New:0Total:5

6-Month Sales Trend

Oct 2025
Median Price:$450,000Median DOM:56New:10Total:47
Nov 2025
Median Price:$475,000Median DOM:41New:11Total:50
Dec 2025
Median Price:$469,000Median DOM:51New:8Total:48
Jan 2026
Median Price:$475,000Median DOM:60New:7Total:45
Feb 2026
Median Price:$483,000Median DOM:78New:10Total:42
Mar 2026
Median Price:$475,000Median DOM:57New:3Total:40

6-Month Rental Trend

Oct 2025
Median Rent:$2,350Median DOM:66New:8Total:35
Nov 2025
Median Rent:$2,275Median DOM:63New:5Total:31
Dec 2025
Median Rent:$2,150Median DOM:48New:3Total:20
Jan 2026
Median Rent:$2,300Median DOM:45New:9Total:26
Feb 2026
Median Rent:$2,650Median DOM:32New:13Total:34
Mar 2026
Median Rent:$2,650Median DOM:43New:1Total:35

Key Market Takeaways

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