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Single Family ResidenceResidential
$1,382,000$427 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $690,000 on Jul 30, 2009

40 MELROSE PL

MONTCLAIR, NJ 07042
0
Baths
3,236 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.29 ac
Lot SizeThe size of the land the home sits on, from county records.
1923
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$1.4M
$1.2M low$1.5M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$690,000 · Jul 30, 2009

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$25,382 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$721,900 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$273,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$448,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$721,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$721,900

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.29
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Nishuane Elementary School
Elementary · Grades PK–2 · 0.5 mi
M
Glenfield Middle SchoolB+
Middle · Grades 6–8 · 0.7 mi
H
Montclair High SchoolC+
High · Grades 9–12 · 1.3 mi

District: Montclair Town School District

Neighborhood · ZIP 07042These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.112

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.36%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.8%
PopulationHow many people live in this area.27,494
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.7,244 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$132,077
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$183,948
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.51 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 Melrose Pl measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 89% of homes in Essex County
  • Costs less per square foot than 68% of homes in Montclair 07042
  • Bigger than 82% of homes in Essex County
  • Has a bigger lot than 79% of homes in Essex County
  • Older than 70% of homes in Essex County

What homes are worth in Montclair 07042

Each bar is how many homes fall in that price range. The marker is this home.

This home
$342K$3.1M

This home is worth more than 71% of homes in Montclair 07042.

How it measures up in Montclair 07042

The dot is this home. The mark in the middle is the typical home in Montclair 07042.

Estimated value$1,382,000
CheaperTypical $1,033,212Pricier

Pricier than 71% of homes nearby

Price per ft²$427
CheaperTypical $479Pricier

Pricier than 32% of homes nearby

Living area3,236 ft²
SmallerTypical 2,316 ft²Bigger

Bigger than 77% of homes nearby

Lot size0.29 ac
SmallerTypical 0.22 acBigger

Bigger than 65% of homes nearby

Year built1923
OlderTypical 1922Newer

Newer than 57% of homes nearby

How 40 Melrose Pl ranks against every home in each area.
MeasureThis homeMontclair 07042Essex County
Estimated valuepricier than$1,382,00071% of homes89% of homes
Price per ft²pricier than$42732% of homes63% of homes
Living areabigger than3,236 ft²77% of homes82% of homes
Lot sizebigger than0.29 ac65% of homes79% of homes
Year builtnewer than192357% of homes30% of homes

About 40 Melrose Pl

How much is 40 Melrose Pl, Montclair, NJ worth?

The TopHap Estimate for 40 Melrose Pl, Montclair, NJ is $1,382,000 as of Sep 24, 2026. The likely range is $1,218,982 to $1,545,018. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 Melrose Pl, Montclair, NJ last sell?

40 Melrose Pl, Montclair, NJ last sold on Jul 30, 2009 for $690,000, according to the county's recorded deed.

How big is 40 Melrose Pl, Montclair, NJ?

40 Melrose Pl, Montclair, NJ has 3,236 square feet of living space and a 0.29-acre lot.

When was 40 Melrose Pl, Montclair, NJ built?

40 Melrose Pl, Montclair, NJ was built in 1923, making it 103 years old. The building has 2 stories.

What schools serve 40 Melrose Pl, Montclair, NJ?

40 Melrose Pl, Montclair, NJ is assigned to Nishuane Elementary School (elementary); Glenfield Middle School (middle), rated B+; Montclair High School (high), rated C+. All sit in Montclair Town School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Melrose Pl, Montclair, NJ compare to other homes in Montclair 07042?

Among the 6,114 homes in Montclair 07042, it is worth more than 71% of them ($1,382,000 against a typical $1,033,212), its price per square foot is higher than 32% of them ($427 against a typical $479), it is bigger than 77% of them (3,236 ft² against a typical 2,316 ft²), its lot is bigger than 65% of them (0.29 ac against a typical 0.22 ac) and it is newer than 57% of them (1923 against a typical 1922). Measured against all of Essex County, it is worth more than 89% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Melrose Pl, Montclair, NJ?

The 2025 property tax bill for 40 Melrose Pl, Montclair, NJ was $25,382. The county assessed it at $721,900.

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