07040 Home Values & Market Trends
There are 215 homes currently listed for 07040. 07040 real estate market trends show that home prices range from $249,000 to $2,495,000, and the median sales price in the 07040 zip code is $1,011,894.42. The total number of properties sold within the past twelve months is 266. In 07040, 65 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.
07040 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Maplewood | $ 966,144 $ 513/sqft |
Housing Market Summary for 07040
| Jul 2025 | July 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $797K | $1.1M | 33.42% |
| Median Sold Price | $1M | $1.1M | 6.02% |
| Homes For Sale | 89 | 231 | 159.55% |
| Homes Sold | 125 | 86 | -31.20% |
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 $1,011,894.42. A total of 215 properties are for sale, and the percentage of properties for sale in the zip code is 76.79%. The total count of 07040 properties is 6,882.
- Pre-ForeclosurePre-foreclosure homes account for 0.87% of all residential properties in 07040 with Maplewood containing 60 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 $1,869,617 in Maplewood to the lowest home value of $341,244 in Maplewood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07040 ranges from the highest value of $835,277 in Maplewood to the lowest value of $835,277 in Maplewood. Bank owned homes and properties account for 0.01% of properties in 07040. There is 1 cities within 07040; Maplewood containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMaplewood has 4 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 0.06% 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 $1,994,903 in Maplewood to the lowest value of $550,000 in Maplewood.