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MONTCLAIR, NJ 07042

Real Estate Market Report  ·  Essex County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MONTCLAIR, NJ real estate market (07042) currently shows 34 active listings, with 19 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 17 days on market compared to 29 days last year.

The median listing price has fallen 31.4% year-over-year, from $1,249,000 to $856,470.

Whether you are buying or selling in MONTCLAIR, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,945  ·  Density: 2,756.2/mi²  ·  Median household income: $130,329

Typical home value: $671,308  ·  Homeownership: 51.2%

Market Overview

Active Listings
34
⇧ 3% vs 33 last year
Pending
19
56% pending ratio
Median Price
$856,470
⇩ 31.4% vs $1,249,000 last year
Average Price
$980,678
⇩ 59.4% vs $2,418,073 last year
Days on Market
17
⇩ 41.4% vs 29 days last year

Price Per Square Foot

Median $/sqft
$424
⇧ 4.7% vs $405/sqft last year
Median Home Size
1,521 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 33 last year
  • Days on market: 17 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $856,470 (-31.4% YoY)
  • Average: $980,678 (-59.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 456 listings ($310,924,042 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07042Montclair, NJ 070420.0 mi26$36,023,572$1,322,000$1,385,522
07003Bloomfield, NJ 070031.6 mi46$25,436,528$578,500$552,968
07043Montclair, NJ 070432.3 mi17$31,819,750$1,039,750$1,871,750
07017East Orange, NJ 070172.9 mi49$21,457,933$459,450$437,917
07110Nutley, NJ 071103.2 mi37$26,619,613$669,975$719,449
07050Orange, NJ 070503.3 mi35$17,685,920$490,200$505,312
07012Clifton, NJ 070123.8 mi25$16,724,225$637,500$668,969
07018East Orange, NJ 070184.0 mi36$14,558,256$455,000$404,396
07006Caldwell, NJ 070064.3 mi29$32,948,553$724,000$1,136,157
07013Clifton, NJ 070134.5 mi44$28,070,284$586,750$637,961
07424Little Falls, NJ 074244.9 mi48$31,360,176$619,225$653,337
07106Newark, NJ 071065.0 mi32$16,111,936$458,438$503,498
07103Newark, NJ 071035.3 mi32$12,107,296$377,250$378,353

Frequently Asked Questions

How many homes are for sale in MONTCLAIR, NJ 07042?

As of March 2026, there are 34 active listings in MONTCLAIR, NJ (zip code 07042), compared to 33 the prior year.

What is the median home price in MONTCLAIR, NJ 07042?

The median listing price in MONTCLAIR, NJ 07042 is $856,470 as of March 2026, a 31.4% decrease from $1,249,000 the prior year.

How long do homes stay on the market in MONTCLAIR, NJ?

Homes in MONTCLAIR, NJ 07042 spend an average of 17 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in MONTCLAIR, NJ 07042?

Based on current inventory and days-on-market data as of March 2026, MONTCLAIR, NJ 07042 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 17 days on market compared to 29 days last year.

How much can I save on real estate commission in MONTCLAIR, NJ?

With SELL123.com's maximum 3% commission, sellers in MONTCLAIR, NJ 07042 save an estimated $17,129 compared to a typical 5% commission on the median listing price of $856,470. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.