07045 Home Values & Market Trends
There are 12 homes currently listed for 07045. 07045 real estate market trends show that home prices range from $424,990 to $1,550,000, and the median sales price in the 07045 zip code is $734,461.18. The total number of properties sold within the past twelve months is 121. In 07045, 16 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
07045 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Montville | $ 785,900 $ 317/sqft |
Housing Market Summary for 07045
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $929K | $664.5K | -28.47% |
| Median Sold Price | $665K | $664.5K | -0.08% |
| Homes For Sale | 6 | 10 | 66.67% |
| Homes Sold | 61 | 71 | 16.39% |
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 07045
Browse Homes in 07045
The median list price of a home in Montville, is $734,461.18. A total of 12 properties are for sale, and the percentage of properties for sale in the zip code is 12.00%. The total count of 07045 properties is 3,845.
- Pre-ForeclosurePre-foreclosure homes account for 0.36% of all residential properties in 07045 with montville containing 14 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 07045; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,264,000 in montville to the lowest home value of $347,800 in montville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07045 ranges from the highest value of $265,000 in montville to the lowest value of $265,000 in montville. Bank owned homes and properties account for 0.03% of properties in 07045. There is 1 cities within 07045; montville containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmontville has 1 auction properties, the highest number of properties going to auction in a single city in the state of 07045. Auction homes and other auction properties account for 0.03% of all properties in 07045. There is 1 cities within 07045; of that cities, the median estimated home value for homes going to auction ranges from $1,011,000 in montville to the lowest value of $1,011,000 in montville.
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Guide for 07045
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.