Home ValuePros

Market Intelligence · NJ / Montclair

Montclair, NJ 07042 Housing Market

Homes in Montclair, NJ 07042 are worth a typical $961,161, up 5.7% over the past year. The median list price sits at $886,500, with homes spending a median of 31 days on market.

Updated July 2026Median value$961K

The median home value in Montclair, NJ 07042 is $961K as of July 2026, up 5.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 07042 range

$884K to $1.04M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.7% over 12 months

Typical home value in 07042 over the last 12 months: $910K in Jul 2025 to $961K in Jul 2026 (+5.7%).

Jul 2025$910K

Jul 2026$961K

The numbers

What is the 07042 housing market like?

Typical home value

$961K

Up5.7%YoY

Median list price

$887K

Down3.5%MoM

Days on market

31

Up72.2%MoM

Homes for sale

27

Down12.9%MoM

Price cuts

2.6%

Down16.9%MoM

New listings

14

Down61.1%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (July 2026) / FRED (August 2026)

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The comparison

How do 07042 home prices compare?

  • 07042$961,161
  • Montclair$1,194,509
  • New Jersey$581,824
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Montclair: 2 ZIPs; New Jersey: 547 ZIPs; United States: 26,266 ZIPs).

Context

The ZIP has 27 homes for sale and 14 new listings as of early July 2026. Median days on market of 31 suggests steady demand without extreme urgency. Very few listings, just 2.6%, have seen price reductions, which aligns with the 5.7% year-over-year appreciation in typical home value. For a seller, the combination of steady absorption and minimal price cuts indicates a balanced market where list price matters but doesn't require aggressive positioning.

Monthly payment

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20% · $192,232

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