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Upper Montclair, NJ

Full City Profile · New Jersey · Essex County County

3.8 /5.0
B+ Good
12,279 Population 5,159/sq mi density
$250,001 Median Income $115,312 per capita
$968,200 Home Value $1,103,768 Zillow
$2,290 Median Rent 26.0% income on rent
53°F Avg Temperature 282 sunny days/yr
39 Violent Crime/100K 2,155 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$250,001 median income, 3.7% unemployment
A+
Affordability
4.5 / 5.0
$968,200 home value, $2,290/mo rent
F
Safety
1.0 / 5.0
39 violent crimes/100K
A+
Education
5.0 / 5.0
85.5% bachelor's degree or higher

Housing Overview

Median Home Value
$968,200
243% above
US avg: $281,900
Median Rent
$2,290/mo
97% above
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
4,338
Median year built: 1938

Home Value by Source

Census Median
$968,200
Zillow (ZHVI)
$1,103,768
Median Sale Price
$2,000,000
Median List Price
$1,350,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.6%
Owner-Occupied
13.4%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,290/mo

Market Indicators (Redfin)

Median Days on Market
113 days
Sale-to-List Ratio
1.1%
Buyers market
Homes Sold
3
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$580
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
26.0%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
86.6%

Complete Housing Data

Home Values

Census Median Value$968,200
Zillow Home Value (ZHVI)$1,103,768
Median Sale Price$2,000,000
Median List Price$1,350,000
Price Per Sq Ft$580

Rent

Census Median Rent$2,290
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market113
Sale-to-List Ratio1.1%
Price Drops33.3%
Homes Sold3
Active Inventory6
Price Per Sq Ft$580

Ownership & Stock

Owner-Occupied86.6%
Renter-Occupied13.4%
Homeownership Rate86.6%
Total Housing Units4,338
Median Year Built1938
Rent Burden26.0%