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Montclair, NJ Real Estate & Property Data

Montclair Real Estate Market Trends

Last Updated: May 01, 2024

Accurate and comprehensive real estate data is critical for insight into Montclair, NJ. ATTOM’s Montclair real estate data is updated daily, and current market trends show that in Montclair, NJ a total of 389 residential properties have sold over the past year. With a median home price of $1,192,060 in Montclair and a total of 5 foreclosures. Get detailed property data for Montclair, NJ instantly. ATTOM is your one-stop-shop for the Montclair property reports and real estate data you need in Montclair, NJ.

Montclair Real Estate Market Trends

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

Total Residential Properties 10,011

Total Commercial Properties 554

Avg. Home Age (Single Family Home) 94 Years

Avg. Square Feet (Single Family Home) 2,578

Total 2024 Residential Sales (year-to-date) 56

% of Homes Seriously Underwater (Q2 2024) 0.77%

Total 2023 Residential Sales 380

% of Equity Rich Homes (Q2 2024) 50.24%

Effective 2023 Property Tax 1.85%

Total Foreclosure Filings (year-to-date) 12

Montclair, NJ Real Estate Overview

There were 389 residential properties sold in the past year in Montclair, NJ. The median home value in Montclair, NJ is $1,024,000. There are a total of 10,011 residential properties in the Montclair.

Median Sales Price i

$1,192,060

(Mar 2024)

+8.5%

year-over-year

y-o-y

March '24 Mar '24 $1,192,060
February '24 Feb '24 $772,600
January '24 Jan '24 $1,200,000
December '23 Dec '23 $1,061,750
November '23 Nov '23 $967,500
October '23 Oct '23 $1,327,883
September '23 Sep '23 $999,000
August '23 Aug '23 $1,175,000
July '23 Jul '23 $1,261,256
June '23 Jun '23 $1,210,250
May '23 May '23 $1,224,500
April '23 Apr '23 $915,000

Median Down Payment i

$386,285

(Mar 2024)

+127.2%

year-over-year

y-o-y

March '24 Mar '24 $386,285
February '24 Feb '24 $149,950
January '24 Jan '24 $200,000
December '23 Dec '23 $287,500
November '23 Nov '23 $247,250
October '23 Oct '23 $272,325
September '23 Sep '23 $260,400
August '23 Aug '23 $300,000
July '23 Jul '23 $373,849
June '23 Jun '23 $310,000
May '23 May '23 $236,850
April '23 Apr '23 $229,375

Number of Homes Sold i

17

(Mar 2024)

-22.7%

year-over-year

y-o-y

March '24 Mar '24 17
February '24 Feb '24 15
January '24 Jan '24 24
December '23 Dec '23 36
November '23 Nov '23 28
October '23 Oct '23 24
September '23 Sep '23 39
August '23 Aug '23 39
July '23 Jul '23 47
June '23 Jun '23 40
May '23 May '23 38
April '23 Apr '23 20

Number of Purchase Loans i

14

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 14
February '24 Feb '24 11
January '24 Jan '24 17
December '23 Dec '23 26
November '23 Nov '23 25
October '23 Oct '23 11
September '23 Sep '23 31
August '23 Aug '23 28
July '23 Jul '23 39
June '23 Jun '23 35
May '23 May '23 25
April '23 Apr '23 14

Number of REFI Loans i

10

(Mar 2024)

+25%

year-over-year

y-o-y

March '24 Mar '24 10
February '24 Feb '24 10
January '24 Jan '24 9
December '23 Dec '23 24
November '23 Nov '23 12
October '23 Oct '23 11
September '23 Sep '23 12
August '23 Aug '23 14
July '23 Jul '23 12
June '23 Jun '23 15
May '23 May '23 13
April '23 Apr '23 11

Number of HELOC Loans i

16

(Mar 2024)

+6.7%

year-over-year

y-o-y

March '24 Mar '24 16
February '24 Feb '24 16
January '24 Jan '24 16
December '23 Dec '23 15
November '23 Nov '23 9
October '23 Oct '23 18
September '23 Sep '23 17
August '23 Aug '23 29
July '23 Jul '23 14
June '23 Jun '23 12
May '23 May '23 25
April '23 Apr '23 11

Montclair, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value

07042
$1,024,000 $397.18/sqft
07043
$1,204,000 $473.51/sqft

Montclair, NJ Foreclosure Activity

There were a total of 5 Montclair, NJ properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

5

(Mar 2024)

+150%

year-over-year

y-o-y

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

Foreclosure Starts i

2

(Mar 2024)

+100%

year-over-year

y-o-y

March '24 Mar '24 2
February '24 Feb '24 4
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 3
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 3
May '23 May '23 3
April '23 Apr '23 4

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
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

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