07040 Home Values & Market Trends
There are 122 homes currently listed for 07040. 07040 real estate market trends show that home prices range from $249,000 to $1,999,000, and the median sales price in the 07040 zip code is $959,160.28. The total number of properties sold within the past twelve months is 294. In 07040, 58 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
07040 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Maplewood | $ 860,450 $ 478/sqft |
Housing Market Summary for 07040
| Mar 2025 | March 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $879K | $862.5K | -1.88% |
| Median Sold Price | $852.9K | $862.5K | 1.13% |
| Homes For Sale | 37 | 116 | 213.51% |
| Homes Sold | 148 | 134 | -9.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 07040
Browse Homes in 07040
The median list price of a home in Maplewood, is $959,160.28. A total of 122 properties are for sale, and the percentage of properties for sale in the zip code is 67.78%. The total count of 07040 properties is 6,883.
- Pre-ForeclosurePre-foreclosure homes account for 0.81% of all residential properties in 07040 with Maplewood containing 56 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07040; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,593,000 in Maplewood to the lowest home value of $316,100 in Maplewood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07040 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 07040. There is 1 cities within 07040; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMaplewood has 2 auction properties, the highest number of properties going to auction in a single city in the state of 07040. Auction homes and other auction properties account for 0.03% of all properties in 07040. There is 1 cities within 07040; of that cities, the median estimated home value for homes going to auction ranges from $967,900 in Maplewood to the lowest value of $671,700 in Maplewood.