The Unshakable Investor

Unshakable ZIP Data 07438 | Oak Ridge, NJ Housing Market

Oak Ridge · Morris County · New York-Newark-Jersey City, NY-NJ-PA metro · New Jersey · Data updated June 19, 2026

The median sale price in ZIP 07438, Oak Ridge, New Jersey is $579,828 at $302 per square foot. 26 single-family homes sold in the latest period, down 1.0 percent from a year earlier. Homes sit a median of 19 days on market with 4.2 months of supply. Sellers are getting 102.7 percent of list price and 72.0 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$537,661
Average price per sq ft$280
Median sale price$579,828
Median sale price per sq ft$302
Median home size1,921 sq ft
Median new listing price$574,942+9.5%
National size rank9,656

Sales activity

MetricValueYear over year
Homes sold26-1.0%
Median days on market19 days
Months of supply4.2 months
New listings63+65.7%
Active listings73+35.0%
Pending sales38+13.7%

Pricing power

MetricValueYear over year
Average sale-to-list ratio102.7%+0.2 pts
Share sold above list72.0%-4.9 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$388,691
3-bedroom
$527,501
4-bedroom
$684,789

These figures describe the single-family market for Oak Ridge, New Jersey ZIP 07438. They are market context, not a substitute for sold comps or a formal appraisal.