Montvale, NJ Real Estate Market Summary – September 8, 2026
In Montvale, NJ, the real estate market has seen a total of 8 homes sold over the past 30 days, averaging a pace of 1 every 3.75 days. The average home was constructed in 2003, with properties typically spending around 20 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 8 |
| Sold Per Day | 1 every 3.75 days |
| Average SQFT | not provided |
| Median Sales Price | $848,500 |
| Average Sales Price | $1,088,375 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 20 |
| Average Year Built | 2003 |
Montvale, NJ Single Family Home Analysis
For single-family homes, 5 properties were sold during the last month, with a median sale price of $1,180,000. The average days on the market for these homes was approximately 18 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 5 |
| Sold Per Day | 1 every 6.00 days |
| Average SQFT | not provided |
| Median Sales Price | $1,180,000 |
| Average Sales Price | $1,382,400 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 18 |
| Average Year Built | 2003 |
Montvale, NJ Condo & Townhome Analysis
In the condo and townhome segment, 3 units sold, priced at a median of $750,000. These properties remained on the market for around 25 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | not provided |
| Median Sales Price | $750,000 |
| Average Sales Price | $598,333 |
| Average Price Per SQFT | not provided |
| Average Days on Market | 25 |
| Average Year Built | not provided |
Buyer & Seller Analysis
- The overall market pace is 1 home every 3.75 days.
- Single-family homes have an average market duration of about 18 days.
- Condo and townhome listings typically last around 25 days.
- The average sale price for single-family homes is $1,382,400 and $750,000 for condo/townhomes.
Conclusion
Overall, Montvale’s real estate market remains active with consistent turnover in both single-family homes and condo/townhomes. The typical days on market reflect a competitive environment as properties move relatively quickly.