Median home value in zip code 07042 (Montclair, NJ) is $906,169, up 4.7% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$906,169

YoY Change

+4.7%

Prices rising — worse for buyers.

Affordability

Enter your income for 07042 (Montclair).

Income (annual)

Down Payment

$181,234 on $906,169

Example: $75,000 household income. Change it above to see your own.

Out of reach85.8% of income

Need $229,843/yr to afford.

PITI$5,363

P/I85.8%

Afford$296K

Gap-$610K

P&I $4,582Tax $665Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07042 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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