07040 Real Estate Market Overview

Could Maplewood, NJ 07040 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 07040. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 07040 such as Sout...h Orange and West Orange. When you’re ready, Trulia has 68 resale and new homes in 07040 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$630,000

Median Sales Price

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$305

Price Per Sqft

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$3,000

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 07040 show a 7% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 07040 for May 24 to Aug 23 was $630,000 based on 69 home sales.
Price Per Square Ft.
Average price per square foot for 07040 was $305, an increase of 4% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 07040 for Jul 24 to Aug 24 was $3,000.

Crime

Most frequent crimes in the past year

07040 has very low crime relative to the rest of Essex County.

Knowing more about crime activity in and around 07040 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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4

Counts of Theft

2

Counts of Burglary

1

Count of Arrest


Best Schools in 07040

There are 15 schools in 07040.

Elementary Schools
9

South Mountain Annex

Public, K-5

9

Jefferson Elementary School

Public, 3-5

9

Tuscan Elementary School

Public, K-5

Middle Schools
7

Millburn Middle School

Public, 6-8

6

Maplewood Middle School

Public, 6-8

6

South Orange Middle School

Public, 6-8

High Schools
10

Millburn Sr High School

Public, 9-12

5

Columbia Senior High School

Public, 9-12

4

Union Senior High School

Public, 9-12


Demographics

Get to know your neighbors in 07040 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
21%
Single residents
Home owners
92%
Home owners
Median age
41
Median age
Household income
$123,750
Median household income
College educated
74%
College educated

Commute

Most people in 07040 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
61% commute by car
0% commute by bike
37% commute by public transportation
1% commute by foot

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