07040 housing market,
at a glance.
40 active homes$730,000 median asking15 median days listed
As of . Active asking prices only, not sold prices and not an appraisal. Check official sources before acting.
These are the newest figures EuKreate has for 07040, measured 13 days ago. Newer figures are not available yet.
07040 market snapshot
As of
- Active homes
- 40
- 6 new in 7 days
- Median asking price
- $730,000
- $209,000–$1,499,000
- Median price per sq ft
- $410/sq ft
- 1,728 sq ft typical
- Median days listed
- 15 days
- typically built 1932
What stands out today
- 5%listed over 90 days2 of 40 active homes.
- 23 daysmedian for 3 bed listingsThe longest wait of any bedroom band here.
By bedroom count
3 bed listings wait longest: a median of 23 days, against 10 for 5+ bed.
Houses, condos and townhouses, 38 of 40 active homes. Whole buildings and land have no bedroom count; they are in Property mix.
| Bedrooms | For sale | Median asking | Days listed |
|---|---|---|---|
| 2 bedlow sample | 9 | $349,900 | 14 days |
| 3 bed | 11 | $649,000 | 23 days |
| 4 bed | 10 | $1,197,000 | 14 days |
| 5+ bedlow sample | 8 | $1,124,500 | 10 days |
Inventory age
5% of active homes have been listed more than 90 days. This reflects today's active inventory, not a trend over time.
- Under 60 days
- 85%
- 34 homes
- 60–90 days
- 10%
- 4 homes
- Over 90 days
- 5%
- 2 homes
Property mix
| Single Family$1,074,500 | 28 74% |
|---|---|
| Condo$349,450 | 10 26% |
What has changed
- Homes for sale40up 25%over 7 days, since
- Median asking price$730,000up 3.5%over 7 days, since
- Median price per sq ft$410up 3.8%over 7 days, since
- Median days on market15down 6.2%over 7 days, since
Homes for sale in 07040
24 of 25 homes · updated
| Address | Asking | Beds | Baths | Sq ft | Listed | Listed by |
|---|---|---|---|---|---|---|
| 251 Elmwood Ave | $259,000 | 1 | 1 | RE MAX InStyle Realty | ||
| 321 Boyden Ave | $489,000 | 2 | 1 | COMPASS | ||
| 1677 Springfield Ave #2 | $350,000 | 1 | 1 | Keller Williams Prosperity Realty | ||
| 664 Irvington Ave #20 | $299,900 | 2 | 1.5 | SHARPE REALTY INC./NEWARK | ||
| 154 Boyden Ave Unit B | $349,000 | 2 | 1 | 944 | COMPASS | |
| 664 Irvington Ave #6 | $425,000 | 2 | 1.5 | 1,125 | CQR Continental Quality Realty | |
| 251C Elmwood Ave | $259,000 | 1 | 1 | RE MAX InStyle Realty | ||
| 54 Rutgers St | $499,000 | 3 | 1 | Signature Realty Nj |
| Address | Asking | Beds | Baths | Sq ft | Listed | Listed by |
|---|---|---|---|---|---|---|
| 52 Orchard Rd | $729,000 | 3 | 1.5 | 1,579 | Coldwell Banker Realty | |
| 88 Parker Ave | $795,000 | 4 | 2 | Weichert, Realtors - Short Hills | ||
| 60 Franklin Ave | $649,000 | 3 | 1.5 | COMPASS | ||
| 81 Boyden Ave | $749,000 | 4 | 2.5 | Keller Williams Realty | ||
| 56 Rutgers St | $634,000 | 3 | 1.5 | EXP REALTY, LLC | ||
| 235 Franklin Ave | $550,000 | 3 | 1 | Weichert, Realtors - Warren Township | ||
| 68 Peachtree Rd | $711,000 | 3 | 1.5 | BHHS Fox & Roach Basking Ridge-Martinsville Office | ||
| 47 Boyden Pkwy | $529,900 | 3 | 2 | RE/MAX SELECT |
| Address | Asking | Beds | Baths | Sq ft | Listed | Listed by |
|---|---|---|---|---|---|---|
| 6 Norfolk Ave | $1,175,000 | 5 | 3.5 | 2,400 | COMPASS | |
| 92 Boyden Ave | $825,000 | 4 | 2.5 | Keller Williams Realty | ||
| 176 Garfield Pl | $1,475,000 | 5 | 3.5 | 3,500 | EXP REALTY, LLC | |
| 46 Claremont Dr | $1,499,000 | 4 | 3.5 | 3,680 | Keller Williams Realty | |
| 81 Hudson Ave | $1,199,000 | 4 | 3.5 | KELLER WILLIAMS MID-TOWN DIRECT REALTY | ||
| 15 Elberta Rd | $1,050,000 | 5 | 2.5 | Real Broker (GSMLS) | ||
| 10 Colgate Rd | $1,175,000 | 4 | 2.5 | Compass New Jersey, LLC | ||
| 8 Berkeley Rd | $1,325,000 | 4 | 3 | West of Hudson Real Estate |
Newest first, never ranked. Active asking prices only, not sold prices and not an appraisal. Check official sources before acting.
ZIP codes near 07040
Nearest first, by straight-line distance; not a view of where to buy.
- 07079Essex$858,000 median ask · 45 homes · 15 days
- 07111Essex$407,500 median ask · 56 homes · 35 days
- 07106Essex$430,000 median ask · 36 homes · 36 days
- 07041Essex$1,422,500 median ask · 16 homes · 24 days
- 07083Union$599,900 median ask · 111 homes · 22 days
- 07018Essex$454,500 median ask · 38 homes · 52 days
Cities near 07040
Nearest first, by straight-line distance; not a view of where to buy.
- South Orange Village TownshipEssex$850,000 median ask · 27 homes · 16 days
- South Orange VillageEssex$999,000 median ask · 9 homes · 19 days
- IrvingtonEssex$415,000 median ask · 55 homes · 35 days
- UnionUnion$604,500 median ask · 10 homes · 16 days
- City Of Orange TownshipEssex$449,900 median ask · 43 homes · 63 days
- OrangeEssex$475,000 median ask · 23 homes · 62 days
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Active asking prices only, not sold prices and not an appraisal. Check official sources before acting. About this data
- Active asking prices only, not sold prices and not an appraisal. Check official sources before acting.
- Coverage is the areas EuKreate tracks, so this is not the whole market.
- Whether a home is under contract is not in the data we receive, so no pending count is shown.