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Montclair, NJ 07042 Real Estate & Property Data

Montclair, NJ 07042 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 241 residential properties have been sold over the past 12 months in 07042. With a median sales price of $712,600 in 07042 and a total of 4 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

Get property data for any address in Montclair, NJ 07042 or the country:

Total Residential Properties 6,220

Total Commercial Properties 432

Avg. Home Age (Single Family Home) 97 Years

Avg. Square Feet (Single Family Home) 2,604

Total 2024 Residential Sales (year-to-date) 23

% of Homes Seriously Underwater (Q2 2024) 1.01%

Total 2023 Residential Sales 240

% of Equity Rich Homes (Q2 2024) 46.82%

Effective 2023 Property Tax 1.86%

Total Foreclosure Filings (year-to-date) 7

Montclair, NJ 07042 Real Estate Overview

There were 241 residential properties sold in the past year in Montclair, NJ 07042. The median home value in Montclair, NJ 07042 is $845,050. There are a total of 6,220 residential properties in the 07042.

Median Sales Price i

$712,600

(Feb 2024)

+7.2%

year-over-year

y-o-y

February '24 Feb '24 $712,600
January '24 Jan '24 $1,123,500
December '23 Dec '23 $936,750
November '23 Nov '23 $825,000
October '23 Oct '23 $724,900
September '23 Sep '23 $1,020,000
August '23 Aug '23 $1,016,000
July '23 Jul '23 $1,030,000
June '23 Jun '23 $1,285,000
May '23 May '23 $1,299,000
April '23 Apr '23 $855,000
March '23 Mar '23 $1,098,511

Median Down Payment i

$95,000

(Feb 2024)

-21.2%

year-over-year

y-o-y

February '24 Feb '24 $95,000
January '24 Jan '24 $127,500
December '23 Dec '23 $326,500
November '23 Nov '23 $261,200
October '23 Oct '23 $106,200
September '23 Sep '23 $145,000
August '23 Aug '23 $242,200
July '23 Jul '23 $227,612
June '23 Jun '23 $327,703
May '23 May '23 $240,000
April '23 Apr '23 $171,000
March '23 Mar '23 $148,500

Number of Homes Sold i

11

(Feb 2024)

-26.7%

year-over-year

y-o-y

February '24 Feb '24 11
January '24 Jan '24 12
December '23 Dec '23 21
November '23 Nov '23 15
October '23 Oct '23 15
September '23 Sep '23 27
August '23 Aug '23 25
July '23 Jul '23 23
June '23 Jun '23 27
May '23 May '23 24
April '23 Apr '23 14
March '23 Mar '23 12

Number of Purchase Loans i

9

(Feb 2024)

-35.7%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 10
December '23 Dec '23 16
November '23 Nov '23 14
October '23 Oct '23 6
September '23 Sep '23 22
August '23 Aug '23 19
July '23 Jul '23 19
June '23 Jun '23 24
May '23 May '23 18
April '23 Apr '23 9
March '23 Mar '23 10

Number of REFI Loans i

7

(Feb 2024)

February '24 Feb '24 7
January '24 Jan '24 7
December '23 Dec '23 13
November '23 Nov '23 8
October '23 Oct '23 8
September '23 Sep '23 10
August '23 Aug '23 11
July '23 Jul '23 6
June '23 Jun '23 8
May '23 May '23 5
April '23 Apr '23 10
March '23 Mar '23 5

Number of HELOC Loans i

7

(Feb 2024)

-12.5%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 12
December '23 Dec '23 9
November '23 Nov '23 3
October '23 Oct '23 12
September '23 Sep '23 11
August '23 Aug '23 14
July '23 Jul '23 6
June '23 Jun '23 6
May '23 May '23 14
April '23 Apr '23 8
March '23 Mar '23 8

Montclair, NJ 07042 Real Estate Market Overview

Last 30 days

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Montclair, NJ 07042 Foreclosure Activity

There were a total of 4 Montclair, NJ 07042 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 N/A
November '23 Nov '23 5
October '23 Oct '23 6
September '23 Sep '23 1
August '23 Aug '23 5
July '23 Jul '23 4
June '23 Jun '23 2
May '23 May '23 4
April '23 Apr '23 5
March '23 Mar '23 1

Foreclosure Starts i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 2
October '23 Oct '23 5
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 3
April '23 Apr '23 4
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Nearby Zip Codes

1. 07043

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