07066 — Union County, New Jersey Market Snapshot
Housing market data for zip code 07066 in Union County, New Jersey. Updated monthly with median prices, days on market, and more.
Market Sales Data
22 sales in 2026 (year to date)
Median Sale Price
$669,000
Days to Sell
19
Homes Sold
22
Inventory
20
Sale-to-List
103.1%
New Listings
42
Price/SqFt
$391
Pending Sales
34
Conforming Loan Available
Most homebuyers in 07066 can comfortably use conventional financing. The median home price of $669,000 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
Homes in 07066 are moving quickly at 19 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 07066 are selling 3.1% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 07066 can comfortably use conventional financing. The median home price of $669,000 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 07066 are set at the county level.
2026 Loan Limits — Union 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 07066
To purchase the median home at $669,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,276.
Monthly Payment
$5,276
Income Required
$226,100
Principal & Interest
$4,122/mo
Down Payment (5%)
$33,450
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 07066.
Estimated Monthly Payment
$4,290
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