A typical Upper Montclair home is worth roughly $1,320,000
Homes typically sell in 14 days, a little above asking.
What kind of housing town is Upper Montclair?
Read from the numbers below. The page puts what stands out first.
A typical home costs 5.3 years of income
More than across New Jersey (4.4 years). Try your own numbers below.
That’s $361K short of a typical Upper Montclair home.
A two-bedroom rents for about $3,310 a month here, $4,720 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Upper Montclair’s typical property tax (1.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
86% of Upper Montclair households own their home
Half of Upper Montclair’s homes were built before 1938.
New Jersey: 64% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 56% in 5 years
The federal house price index for the ZIP code around Upper Montclair rose 56% over the past 5 years, slower than across New Jersey (63%). Last year prices rose 2.1%. Carrying the Census median home value forward with that index puts the typical Upper Montclair home at roughly $1,320,000 today.
Carrying the Census median forward with the index puts a typical home at about $1.32M.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Upper Montclair, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $3,310
Renters already here pay a median of $2,237, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bergen-Passaic, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Upper Montclair vs. its neighbors
Upper Montclair is the priciest of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Upper Montclair | $1.32M* | +2.1%† | $3,310 | — | $250,001 |
| Montclair | $1.17M | +8.6% | $3,050 | 54 | $151,075 |
| Cedar Grove | $780K | +5.2% | $2,450 | 71 | $151,263 |
| Montclair State University | — | +8.5%† | $2,430 | — | — |
| Clifton | $613K | +3.9% | $2,350 | 56 | $98,237 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Upper Montclair buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.