Call or Text (240) SELL-123

MONTCLAIR, NJ 07042

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

Market Overview

Active Listings
31
⇧ 40.9% vs 22 last year
Pending
13
42% pending ratio
Median Price
$1,547,500
⇩ 3.3% vs $1,600,000 last year
Average Price
$1,711,450
⇩ 37% vs $2,718,033 last year
Days on Market
26
⇩ 54.4% vs 57 days last year

Market Context

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

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

Market Analysis

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

The MONTCLAIR, NJ real estate market (07042) currently shows 31 active listings, with 13 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 26 days on market compared to 57 days last year.

The median listing price has fallen 3.3% year-over-year, from $1,600,000 to $1,547,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MONTCLAIR, NJ 07042 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 22 last year
  • Days on market: 26 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $1,547,500 (-3.3% YoY)
  • Average: $1,711,450 (-37% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.3 miles — 415 listings ($295,534,265 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07042Montclair, NJ 070420.0 mi31$53,054,950$1,547,500$1,711,450
07003Bloomfield, NJ 070031.6 mi46$24,958,496$575,000$542,576
07043Montclair, NJ 070432.3 mi10$22,390,000$1,100,000$2,239,000
07017East Orange, NJ 070172.9 mi48$20,209,680$440,000$421,035
07110Nutley, NJ 071103.2 mi33$20,551,740$585,000$622,780
07050Orange, NJ 070503.3 mi36$19,569,708$499,000$543,603
07012Clifton, NJ 070123.8 mi19$11,923,773$549,000$627,567
07018East Orange, NJ 070184.0 mi31$13,392,930$387,000$432,030
07006Caldwell, NJ 070064.3 mi30$36,416,430$820,000$1,213,881
07013Clifton, NJ 070134.5 mi45$29,457,945$594,000$654,621
07424Little Falls, NJ 074244.9 mi31$19,223,100$650,000$620,100
07106Newark, NJ 071065.0 mi27$13,426,425$455,000$497,275
07103Newark, NJ 071035.3 mi28$10,959,088$388,000$391,396

Frequently Asked Questions

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

As of January 2026, there are 31 active listings in MONTCLAIR, NJ (zip code 07042), compared to 22 the prior year.

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

The median listing price in MONTCLAIR, NJ 07042 is $1,547,500 as of January 2026, a 3.3% decrease from $1,600,000 the prior year.

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

Homes in MONTCLAIR, NJ 07042 spend an average of 26 days on the market before going under contract, compared to 57 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 January 2026, MONTCLAIR, NJ 07042 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 57 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 $30,950 compared to a typical 5% commission on the median listing price of $1,547,500. 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.