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Area data

Montclair, NJ — ZIP 07043

Population: 13,256 (Census ACS)

Home values & appreciation

Median home value
$1.43M
1-year appreciation
+8.7%
3-year appreciation
+30.5%
5-year appreciation
+53.1%
10-year appreciation
+103.6%
All-time peak (2026-07)
$1.43M
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$1.39M
Median list price
$1.18M
Median days on market
14 days
Sale-to-list ratio
129.8%
Active listings
16
1-year forecast
+3.1%
Days to pending
17 days
New listings (monthly)
14

Rents

Typical rent
$3,340/mo
1BR fair-market rent
$2,740/mo
3BR fair-market rent
$4,130/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
strongWind, winterWeather, coldWave, heatWave, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
50.2 in

Walkability & transit

Walkability index
12.0 / 20
Transit service frequency
783

Amenities

National parks within ~60 mi
21
Nearest national park
Thomas Edison National Historical Park (5 mi)
Nearest airport
Essex County Airport (CDW) (5 mi)
Nearest major airport
Teterboro Airport (TEB) (7 mi)
Hospitals nearby (~15 mi)
68
Avg hospital rating
2.6 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-4,174 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$10,001
Mean commute to work
24 min
Households with broadband internet
93.0%

Employment & development

Total county employment
273,240
Average weekly wage
$1,593
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
144

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents