Name: Median Sale Price — ZIP 07002 Multi-Family (2-4 Unit), March 31, 2026
Creator: Range Ranger
Published: 2026-03-31
License: https://redfin.com/news/data-center

Question 1

What was the median sale price in Bayonne (07002)?

Accepted Answer

The median sale price for Multi-Family (2-4 Unit) homes in ZIP 07002 was $882,500 for the 90-day period ending 2026-03-31, based on Redfin closed sale data.

Question 2

What does the median sale price in 07002 mean for sellers?

Accepted Answer

The median sale price reflects what Multi-Family (2-4 Unit) homes in ZIP 07002 have actually closed for, not what they were listed at. At $882,500, this is the midpoint of all closed transactions in the 90-day period ending 2026-03-31. Half of homes sold for more; half sold for less.

Question 3

How is the median sale price in 07002 calculated?

Accepted Answer

The median sale price for ZIP 07002 is derived from closed sale transactions recorded over the 90-day period ending 2026-03-31. It is the midpoint value — not an average — across all Multi-Family (2-4 Unit) sales in that period. Data source: Redfin.

Question 4

Is the median sale price in 07002 higher or lower than last year?

Accepted Answer

The median sale price in ZIP 07002 is up 8.6% compared to the same 90-day period one year ago, as of March 31, 2026.

Question 5

How does the median sale price compare to the median list price in 07002?

Accepted Answer

In ZIP 07002, the median list price was $849,999 and the median sale price was $882,500 for the 90-day period ending 2026-03-31. Homes closed at a median of $32,501 above asking.

Median sale price in 07002 was $882,500, up 8.6% from last year.