07042 Home Values & Market Trends
There are 183 homes currently listed for 07042. 07042 real estate market trends show that home prices range from $84,000 to $8,500,000, and the median sales price in the 07042 zip code is $1,314,681. The total number of properties sold within the past twelve months is 271. In 07042, 56 properties are in foreclosure, 0 are bank owned properties,and 9 are headed for auction.
07042 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Montclair | $ 1,419,000 $ 567/sqft |
Housing Market Summary for 07042
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $987K | $1.1M | 13.93% |
| Median Sold Price | $998.6K | $867.2K | -13.16% |
| Homes For Sale | 97 | 180 | 85.57% |
| Homes Sold | 141 | 92 | -34.75% |
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 $1,314,681. A total of 183 properties are for sale, and the percentage of properties for sale in the zip code is 183.00%. The total count of 07042 properties is 379.
- Pre-ForeclosurePre-foreclosure homes account for 12.40% of all residential properties in 07042 with montclair containing 56 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 $4,238,447 in montclair to the lowest home value of $517,276 in montclair.
- Bank OwnedThe 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.
- Auctionsmontclair has 12 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 2.37% 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 $1,332,247 in montclair to the lowest value of $514,900 in montclair.
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More Real Estate Resources for 07042
Guide for 07042
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.
