Zip 07042 (Montclair, NJ) Housing

Montclair, NJ (07042), has a median housing value of $728,400, which is more than double the US national median of $338,100. Over the last year, there has been a 10.07% appreciation in house values in Montclair compared to 8.27% for the US as a whole. This shows that Montclair is an appealing area to invest in property and that it is likely to see increasing prices over time.

The median home cost in Montclair (zip 07042) is $728,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Montclair (zip 07042) is up 13.9%.

Average Age of Homes

- The median age of Montclair (zip 07042) real estate is 78 years old

The Rental Market in Montclair (zip 07042)

- Renters make up 49.1% of the Montclair (zip 07042) population
- 2.8% of houses and apartments in Montclair (zip 07042), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Montclair, New Jersey	United States
	11,233.0	139,647,020.0
	64	42
	$728,400	$338,100
	13.9%	16.6%
	43.7%	57.0%
	66.2%	101.1%
	$29.15	$10.98
	$10,001	$2,690
	49.5%	57.4%
	6.9%	11.2%
	43.6%	31.4%
Vacant Housing
	2.8%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	1.4%	0.4%
	0.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.9%	2.4%
	0.6%	2.8%
	0.5%	3.9%
	0.0%	4.5%
	0.3%	11.3%
	2.2%	13.0%
	7.4%	20.1%
	15.2%	13.6%
	16.6%	8.3%
	24.1%	9.7%
	19.3%	3.9%
	8.0%	2.2%
	1.7%	0.8%
	2.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.2%	13.6%
	5.2%	13.6%
	3.1%	13.6%
	4.2%	13.2%
	5.4%	14.8%
	3.1%	13.6%
	7.5%	10.0%
	6.2%	4.7%
	56.9%	12.2%

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