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MONTCLAIR, NJ 07042

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MONTCLAIR, NJ real estate market (07042) currently shows 26 active listings, with 14 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.

The median listing price has fallen 14% year-over-year, from $1,537,250 to $1,322,000.

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
26
⇩ 16.1% vs 31 last year
Pending
14
54% pending ratio
Median Price
$1,322,000
⇩ 14% vs $1,537,250 last year
Average Price
$1,385,522
⇩ 48.7% vs $2,703,317 last year
Days on Market
31
⇧ 24% vs 25 days last year

Price Per Square Foot

Median $/sqft
$424
⇧ 7.9% vs $393/sqft last year
Median Home Size
3,673 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 26 this year vs 31 last year
  • Days on market: 31 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $1,322,000 (-14% YoY)
  • Average: $1,385,522 (-48.7% 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 — 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 February 2026, there are 26 active listings in MONTCLAIR, NJ (zip code 07042), compared to 31 the prior year.

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

The median listing price in MONTCLAIR, NJ 07042 is $1,322,000 as of February 2026, a 14% decrease from $1,537,250 the prior year.

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

Homes in MONTCLAIR, NJ 07042 spend an average of 31 days on the market before going under contract, compared to 25 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 February 2026, MONTCLAIR, NJ 07042 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 25 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 $26,440 compared to a typical 5% commission on the median listing price of $1,322,000. 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.