The Unshakable Investor

Unshakable ZIP Data 07885 | Wharton, NJ Housing Market

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

The median sale price in ZIP 07885, Wharton, New Jersey is $498,852 at $337 per square foot. 32 single-family homes sold in the latest period, up 27.7 percent from a year earlier. Homes sit a median of 30 days on market with 2.6 months of supply. Sellers are getting 102.4 percent of list price and 48.4 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$523,512
Average price per sq ft$354
Median sale price$498,852
Median sale price per sq ft$337
Median home size1,480 sq ft
Median new listing price$495,663+7.2%
National size rank8,844

Sales activity

MetricValueYear over year
Homes sold32+27.7%
Median days on market30 days
Months of supply2.6 months
New listings44+55.9%
Active listings63+49.5%
Pending sales35+41.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio102.4%-0.8 pts
Share sold above list48.4%-11.6 pts

Bedroom value anchors

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

1-bedroom
$284,669
2-bedroom
$423,748
3-bedroom
$524,149
4-bedroom
$596,311

These figures describe the single-family market for Wharton, New Jersey ZIP 07885. They are market context, not a substitute for sold comps or a formal appraisal.