Montclair, NJ 07042 Real Estate & Property Data

Montclair, NJ 07042 Real Estate Market Trends
Last Updated: April 22, 2025

A total of 248 residential properties have been sold over the past 12 months in 07042. With a median sales price of $1,280,000 in 07042 and a total of 2 foreclosures in Montclair, NJ 07042. Discover market trends and get the granular level real estate data for Montclair, NJ 07042 to keep your pulse on the housing market. Curate compelling home reports for Montclair, NJ 07042 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Montclair, NJ 07042 Real Estate Market Trends
Total Residential Properties 6,218
Total Commercial Properties 434
Avg. Home Age (Single Family Home) 98 Years
Avg. Square Feet (Single Family Home) 2,604
Total 2025 Residential Sales (year-to-date) 31
% of Homes Seriously Underwater (Q2 2025) 0.88%
Total 2024 Residential Sales 230
% of Equity Rich Homes (Q2 2025) 51.06%
Effective 2024 Property Tax 1.71%
Total Foreclosure Filings (year-to-date) 2
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Montclair, NJ 07042 Real Estate Overview

There were 248 residential properties sold in the past year in Montclair, NJ 07042. The median home value in Montclair, NJ 07042 is $986,850. There are a total of 6,218 residential properties in the 07042.

Median Sales Price i
$1,280,000
(Feb 2025)
+79.6%
year-over-year
y-o-y
  • February '25 Feb '25 $1,280,000
  • January '25 Jan '25 $1,029,500
  • December '24 Dec '24 $860,000
  • November '24 Nov '24 $1,227,000
  • October '24 Oct '24 $950,000
  • September '24 Sep '24 $1,365,000
  • August '24 Aug '24 $999,999
  • July '24 Jul '24 $1,100,000
  • June '24 Jun '24 $999,999
  • May '24 May '24 $945,500
  • April '24 Apr '24 $1,275,000
  • March '24 Mar '24 $846,250
Median Down Payment i
$299,900
(Feb 2025)
+215.7%
year-over-year
y-o-y
  • February '25 Feb '25 $299,900
  • January '25 Jan '25 $247,875
  • December '24 Dec '24 $286,675
  • November '24 Nov '24 $288,145
  • October '24 Oct '24 $230,000
  • September '24 Sep '24 $333,373
  • August '24 Aug '24 $335,000
  • July '24 Jul '24 $307,092
  • June '24 Jun '24 $243,037
  • May '24 May '24 $171,254
  • April '24 Apr '24 $192,450
  • March '24 Mar '24 $177,975
Number of Homes Sold i
12
(Feb 2025)
+9.1%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 19
  • December '24 Dec '24 19
  • November '24 Nov '24 26
  • October '24 Oct '24 13
  • September '24 Sep '24 26
  • August '24 Aug '24 26
  • July '24 Jul '24 27
  • June '24 Jun '24 22
  • May '24 May '24 17
  • April '24 Apr '24 20
  • March '24 Mar '24 10
Number of Purchase Loans i
12
(Feb 2025)
+20%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 17
  • December '24 Dec '24 16
  • November '24 Nov '24 16
  • October '24 Oct '24 14
  • September '24 Sep '24 20
  • August '24 Aug '24 20
  • July '24 Jul '24 23
  • June '24 Jun '24 14
  • May '24 May '24 13
  • April '24 Apr '24 12
  • March '24 Mar '24 8
Number of REFI Loans i
10
(Feb 2025)
+42.9%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 16
  • December '24 Dec '24 16
  • November '24 Nov '24 12
  • October '24 Oct '24 12
  • September '24 Sep '24 6
  • August '24 Aug '24 10
  • July '24 Jul '24 6
  • June '24 Jun '24 7
  • May '24 May '24 13
  • April '24 Apr '24 9
  • March '24 Mar '24 4
Number of HELOC Loans i
6
(Feb 2025)
-14.3%
year-over-year
y-o-y
  • February '25 Feb '25 6
  • January '25 Jan '25 14
  • December '24 Dec '24 13
  • November '24 Nov '24 6
  • October '24 Oct '24 7
  • September '24 Sep '24 10
  • August '24 Aug '24 7
  • July '24 Jul '24 13
  • June '24 Jun '24 7
  • May '24 May '24 8
  • April '24 Apr '24 7
  • March '24 Mar '24 7

Montclair, NJ 07042 Foreclosure Activity

There were a total of 2 Montclair, NJ 07042 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 6
  • November '24 Nov '24 2
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 6
  • June '24 Jun '24 2
  • May '24 May '24 6
  • April '24 Apr '24 2
  • March '24 Mar '24 5
Foreclosure Starts i
2
(Feb 2025)
-50%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 N/A
  • December '24 Dec '24 5
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 3
  • June '24 Jun '24 1
  • May '24 May '24 4
  • April '24 Apr '24 1
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 N/A
  • May '24 May '24 N/A
  • April '24 Apr '24 1
  • March '24 Mar '24 N/A
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