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Pompton Plains

PEQUANNOCK, NJ 07440

Real Estate Market Report  ·  Morris County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PEQUANNOCK, NJ real estate market (07440) currently shows 6 active listings, with 4 pending sales. Homes are averaging 74 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 taking longer to sell, averaging 74 days on market compared to 14 days last year.

The median listing price has fallen 30.1% year-over-year, from $589,450 to $411,975.

Whether you are buying or selling in PEQUANNOCK, 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: 4,620  ·  Density: 1,152.4/mi²  ·  Median household income: $154,038

Typical home value: $494,029  ·  Homeownership: 89.2%

Market Overview

Active Listings
6
⇧ 20% vs 5 last year
Pending
4
67% pending ratio
Median Price
$411,975
⇩ 30.1% vs $589,450 last year
Average Price
$457,308
⇩ 22% vs $586,267 last year
Days on Market
74
⇧ 428.6% vs 14 days last year

Price Per Square Foot

Median $/sqft
$87
⇩ 75.1% vs $349/sqft last year
Median Home Size
13,870 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 5 last year
  • Days on market: 74 now vs 14 last year

Median & Average Pricing

Year over Year
  • Median: $411,975 (-30.1% YoY)
  • Average: $457,308 (-22% 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 6.9 miles — 289 listings ($293,884,527 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
07440Pequannock, NJ 074400.0 mi7$3,465,000$495,000$495,000
07444Pompton Plains, NJ 074441.6 mi14$8,323,224$419,925$594,516
07082Towaco, NJ 070823.0 mi28$26,020,036$699,900$929,287
07442Pompton Lakes, NJ 074423.9 mi19$8,945,770$474,500$470,830
07045Montville, NJ 070454.7 mi13$12,653,550$724,450$973,350
07405Butler, NJ 074055.4 mi34$36,722,958$722,250$1,080,087
07502Paterson, NJ 075025.5 mi13$7,565,753$565,000$581,981
07508Haledon, NJ 075085.8 mi25$19,179,650$650,000$767,186
07417Franklin Lakes, NJ 074176.2 mi28$87,195,360$2,990,000$3,114,120
07424Little Falls, NJ 074246.3 mi48$31,360,176$619,225$653,337
07436Oakland, NJ 074366.5 mi18$14,751,684$669,500$819,538
07006Caldwell, NJ 070066.6 mi29$32,948,553$724,000$1,136,157
07501Paterson, NJ 075016.9 mi13$4,752,813$354,500$365,601

Frequently Asked Questions

How many homes are for sale in PEQUANNOCK, NJ 07440?

As of March 2026, there are 6 active listings in PEQUANNOCK, NJ (zip code 07440), compared to 5 the prior year.

What is the median home price in PEQUANNOCK, NJ 07440?

The median listing price in PEQUANNOCK, NJ 07440 is $411,975 as of March 2026, a 30.1% decrease from $589,450 the prior year.

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

Homes in PEQUANNOCK, NJ 07440 spend an average of 74 days on the market before going under contract, compared to 14 days the prior year.

Is it a seller's or buyer's market in PEQUANNOCK, NJ 07440?

Based on current inventory and days-on-market data as of March 2026, PEQUANNOCK, NJ 07440 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 14 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PEQUANNOCK, NJ 07440 save an estimated $8,240 compared to a typical 5% commission on the median listing price of $411,975. 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.