07042 Home Values & Market Trends

There are 10 homes currently listed for 07042. 07042 real estate market trends show that home prices range from $559,000 to $1,698,000, and the median sales price in the 07042 zip code is $896,057.28. The total number of properties sold within the past twelve months is 224. In 07042, 65 properties are in foreclosure, 0 are bank owned properties,and 8 are headed for auction.

07042 Real Estate Market Overview

CityMedian Est. Value
Montclair

$ 1,104,000

$ 465/sqft

Housing Market Summary for 07042

Mar 2023February 2024Change
Median Listing Price$799K$835.4K4.56%
Median Sold Price$675K$835.4K23.76%
Homes For Sale119-18.18%
Homes Sold145115-20.69%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in 07042

The median list price of a home in Montclair, is $896,057.28. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 07042 properties is 6,060.

Foreclosure
There is 1 cities within 07042; within this cities, the median estimated home value for homes in foreclosure ranges from $1,979,000 in montclair to the lowest value of $383,700 in montclair. Foreclosure homes account for 1.00% of properties in 07042 with montclair containing 73 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.94% of all residential properties in 07042 with montclair containing 65 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 $1,979,000 in montclair to the lowest home value of $383,700 in montclair.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 07042 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 07042. There is 1 cities within 07042; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    montclair has 8 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 0.13% 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 $1,378,000 in montclair to the lowest value of $513,400 in montclair.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.17% of residential properties in 07042 with montclair containing 16 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 07042; homes for sale in that cities, have a range of median values from $1,533,000 in montclair to the lowest value of $635,500 in montclair.
    Sold Homes
    The median value for recently sold homes ranges from $1,932,000 in montclair to the lowest price of $190,800 in montclair. There is 1 cities within 07042. montclair has 172 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.70% of properties in 07042.

      Compare Nearby Zip Codes

      Price
      $/Sqft
      Homes For Sale
      0
      0
      07042
      $
      $

      Guide for 07042

      Market Reports
      Newark Real Estate Market Report, March 2024
      Market Reports
      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Investing Strategies
      How To Identify The Best Cities to Invest In 2024
      New York
      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      See More Articles
      Newark Real Estate Market Report, March 2024
      Market Reports|posted 22 March 2024

      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.

      Jersey City Real Estate Thrives with Robust Demand and Strong Growth in February 2024
      Market Reports|posted 18 March 2024

      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.

      How To Identify The Best Cities to Invest In 2024
      Investing Strategies|posted 28 March 2024

      How to find the cities to invest in for 2024 and make informed decisions for your financial future.

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.