Median home value in zip code 07043 (Montclair, NJ) is $1328K, up 8.3% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →

Home Value$1,328,009

YoY Change

+8.3%

AFFORDABILITY

Enter your income for 07043 (Montclair).

Income (annual)

Down Payment

$265,602 on $1,328,009

Out of reach — 124.9% of income

Need $334,543/yr to afford.

PITI$7,806

P/I124.9%

Afford$298K

Gap-$1030K

P&I $6,715Tax $974Ins $117

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

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

Metro Analysis

07043 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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