Peapack, NJ 07977 housing market
Data through Sep 2026 · Seller's market · leverage 20
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Buyer Leverage Score
20
Sep 2026
Months of Supply
3.1 months
Sep 2022
Days on Market
72 days
Sep 2026
Price Cut %
0.0%
Sep 2026
Sale-to-List Ratio
104.8%
Oct 2024
Expected Disaster Loss
$182
Dec 2025
What this means
- Supply. Listings are 44% below the 2017-19 norm and falling (−40% vs. a year ago): still a tight market.
- Negotiating. Buyer leverage is low (20/100; U.S.: 54): homes typically sell at or above asking (104.8% of list) (as of Oct 2024); 0% of listings had a price cut (U.S.: 26%).
- Disaster risk. FEMA expects about $182 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Somerset County, NJ
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Somerset, NJ 08873 | $578.3K | +2.5% | 7 |
| Hillsborough Township, NJ 08844 | $683.8K | +2.4% | 18 |
| Bridgewater Township, NJ 08807 | $735.5K | +2.7% | 3 |
| Basking Ridge, NJ 07920 | $938.1K | +5.4% | 3 |
| Somerville, NJ 08876 | $609.3K | +2.3% | 2 |
| Warren Township, NJ 07059 | $1.1M | +5.4% | 1 |
| Dunellen, NJ 08812 | $590.7K | +1.8% | 21 |
| Bound Brook, NJ 08805 | $540.5K | +1.9% | 6 |
| Belle Mead, NJ 08502 | $1M | +4.5% | 2 |
| Manville, NJ 08835 | $483.8K | +1.6% | 19 |
| Franklin Park, NJ 08823 | $422.6K | +1.7% | 7 |
| Raritan, NJ 08869 | $553.3K | +2.6% | 13 |
| Bernardsville, NJ 07924 | $1M | +6.1% | 26 |
| Bedminster, NJ 07921 | $521.5K | +4.5% | 0 |
| Skillman, NJ 08558 | $1M | +5.0% | 24 |
| Watchung, NJ 07069 | $1.1M | +4.7% | 13 |
| Branchburg Township, NJ 08853 | $879.3K | +3.5% | 15 |
| South Bound Brook, NJ 08880 | $458K | −0.2% | 0 |
| Bridgewater Township, NJ 08836 | $888.2K | +2.8% | 4 |
| Far Hills, NJ 07931 | $1.5M | +3.4% | 23 |
| Far Hills, NJ 07934 | $1M | +4.7% | 3 |
| Rocky Hill, NJ 08553 | $748.5K | +4.4% | 3 |
| ZIP 07939 | – | – | – |
| Kingston, NJ 08528 | – | – | 9 |
| Flagtown, NJ 08821 | – | – | 0 |
| ZIP 08890 | – | – | – |