07307 — Hudson County, New Jersey Market Snapshot

Housing market data for zip code 07307 in Hudson County, New Jersey. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

52 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$742,500

-8.3% YoYClosed sales

Days to Sell

68

Median, listing to close

Homes Sold

52

Closed in 2026

Inventory

109

Sale-to-List

98.5%

New Listings

138

Price/SqFt

$602

Pending Sales

57

Conforming Loan Available

Most homebuyers in 07307 can comfortably use conventional financing. The median home price of $742,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 68 days on average, 07307 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

Homes are selling very close to asking price in 07307 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 07307 can comfortably use conventional financing. The median home price of $742,500 is well below the 2026 conforming loan limit of $1,209,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 07307 are set at the county level.

2026 Loan Limits — Hudson County

Property Units Conforming Limit FHA Limit
1 Unit$1,209,750$1,249,125
2 Units$1,548,975$1,599,375
3 Units$1,872,225$1,933,200
4 Units$2,326,875$2,402,625

Affordability Snapshot — Zip 07307

To purchase the median home at $742,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,839.

Monthly Payment

$5,839

Income Required

$250,234

Principal & Interest

$4,575/mo

Down Payment (5%)

$37,125

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 07307.

%
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Estimated Monthly Payment

$4,745

Principal & Interest$3,853
Property Tax$743
Insurance$150
Loan Amount$594,000
Total Interest$792,961
Income Required$203,364/yr

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