07042 Home Values & Market Trends
There are 181 homes currently listed for 07042. 07042 real estate market trends show that home prices range from $275,000 to $8,500,000, and the median sales price in the 07042 zip code is $978,706.35. The total number of properties sold within the past twelve months is 228. In 07042, 57 properties are in foreclosure, 1 are bank owned properties,and 10 are headed for auction.
07042 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Montclair | $ 1,399,000 $ 550/sqft |
Housing Market Summary for 07042
| Jun 2025 | June 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $937K | $812.6K | -13.27% |
| Median Sold Price | $980.7K | $812.6K | -17.14% |
| Homes For Sale | 16 | 162 | 912.50% |
| Homes Sold | 152 | 104 | -31.58% |
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 07042
Browse Homes in 07042
The median list price of a home in Montclair, is $978,706.35. A total of 181 properties are for sale, and the percentage of properties for sale in the zip code is 76.05%. The total count of 07042 properties is 5,936.
- Pre-ForeclosurePre-foreclosure homes account for 0.77% of all residential properties in 07042 with Montclair containing 57 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07042; of that cities, the estimated home value for pre-foreclosure homes ranges from $3,350,309 in Montclair to the lowest home value of $393,252 in Montclair.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07042 ranges from the highest value of $312,106 in Montclair to the lowest value of $312,106 in Montclair. Bank owned homes and properties account for 0.02% of properties in 07042. There is 1 cities within 07042; Montclair containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMontclair has 10 auction properties, the highest number of properties going to auction in a single city in the state of 07042. Auction homes and other auction properties account for 0.17% of all properties in 07042. There is 1 cities within 07042; of that cities, the median estimated home value for homes going to auction ranges from $1,840,548 in Montclair to the lowest value of $415,519 in Montclair.