07040 Home Values & Market Trends
There are 221 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 $1,058,113. The total number of properties sold within the past twelve months is 275. In 07040, 68 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.
07040 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Maplewood | $ 1,058,113 $ 521/sqft |
Housing Market Summary for 07040
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $799K | $744K | -6.88% |
| Median Sold Price | $958.3K | $964.5K | 0.65% |
| Homes For Sale | 135 | 217 | 60.74% |
| Homes Sold | 144 | 83 | -42.36% |
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 $1,058,113. A total of 221 properties are for sale, and the percentage of properties for sale in the zip code is 221.00%. The total count of 07040 properties is 439.
- Pre-ForeclosurePre-foreclosure homes account for 14.12% of all residential properties in 07040 with maplewood containing 62 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 $1,887,396 in maplewood to the lowest home value of $322,263 in maplewood.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 07040 ranges from the highest value of $769,880 in maplewood to the lowest value of $769,880 in maplewood. Bank owned homes and properties account for 0.23% 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 5 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 1.14% 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 $1,750,000 in maplewood to the lowest value of $550,000 in maplewood.
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Guide for 07040
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
