ZIP 07042 Housing Market Report
New York Metro
Report period: August 2026
07042 Monthly Market Update – August 2026
ZIP 07042 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$899,999
−3.2%
Median DOM (Sales)
22
0.0%
New Listings (Sales)
3
−86.4%
Median Rent
$2,950
+2.6%
Median DOM (Rental)
26
0.0%
Total Rental Listings
236
+1.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (18 DOM)
- Fastest renting: Condo (19 DOM)
- Strongest bedroom: 6 Beds ($1,900,000 median)
Sales Market Overview
Median Price
$899,999
−3.2%
Median DOM
22
0.0%
New Listings
3
−86.4%
Inventory
83
−11.7%
- Average Price: $1,044,607
- Median Price: $899,999
- Price Range: $249,000 – $3,499,000
- Price per Sq Ft (Avg/Median): $448 / $413
- Square Footage (Avg/Median): 2,623 / 2,485
- Square Footage Range: 640 – 7,000
- Days on Market (Avg/Median): 43 / 22
- Days on Market Range: 2 – 216
- New Listings: 3
- Total Listings: 83
Sales by Property Type
Condo
Avg/Median Price$426,218 / $325,000Range$249,000 – $1,125,000Price per Sq Ft$466 / $435Sq Ft1,160 / 790DOM48 / 19New1Total22
Multi-Family
Avg/Median Price$1,027,202 / $930,000Range$679,000 – $1,600,000Price per Sq Ft$422 / $386Sq Ft2,557 / 2,485DOM80 / 36New0Total18
Single Family
Avg/Median Price$1,389,949 / $1,250,000Range$400,000 – $3,499,000Price per Sq Ft$469 / $450Sq Ft3,848 / 3,600DOM24 / 18New2Total41
Townhouse
Avg/Median Price$924,000 / $899,000Range$899,000 – $949,000Price per Sq Ft—Sq Ft—DOM46 / 34New0Total2
Sales by Bedroom Count
Studio
Avg:$315,000Median:$315,000Range:$315,000 – $315,000PSF:—Sq Ft:—DOM:15 / 14New:0Total:2
1 Beds
Avg:$379,147Median:$300,000Range:$249,000 – $999,969PSF:$463 / $431Sq Ft:1,154 / 788DOM:32 / 17New:1Total:12
2 Beds
Avg:$459,250Median:$375,000Range:$325,000 – $989,000PSF:$409 / $409Sq Ft:1,100 / 1,100DOM:75 / 48New:0Total:8
3 Beds
Avg:$813,053Median:$799,000Range:$584,000 – $1,250,000PSF:$479 / $503Sq Ft:1,994 / 1,833DOM:57 / 30New:1Total:15
4 Beds
Avg:$1,028,806Median:$899,000Range:$679,000 – $1,795,000PSF:$472 / $450Sq Ft:2,514 / 2,500DOM:19 / 15New:0Total:16
5 Beds
Avg:$1,132,742Median:$999,000Range:$849,900 – $1,850,000PSF:$372 / $386Sq Ft:2,872 / 2,600DOM:42 / 27New:1Total:12
6 Beds
Avg:$2,230,500Median:$1,900,000Range:$900,000 – $3,499,000PSF:$494 / $388Sq Ft:4,501 / 3,881DOM:60 / 30New:0Total:10
7 Beds
Avg:$1,661,750Median:$1,500,000Range:$1,350,000 – $2,499,000PSF:$468 / $377Sq Ft:3,220 / 2,862DOM:43 / 26New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $315,000 | $315,000 | $315,000 – $315,000 | — | — | 15 / 14 | 0 | 2 |
| 1 Beds | $379,147 | $300,000 | $249,000 – $999,969 | $463 / $431 | 1,154 / 788 | 32 / 17 | 1 | 12 |
| 2 Beds | $459,250 | $375,000 | $325,000 – $989,000 | $409 / $409 | 1,100 / 1,100 | 75 / 48 | 0 | 8 |
| 3 Beds | $813,053 | $799,000 | $584,000 – $1,250,000 | $479 / $503 | 1,994 / 1,833 | 57 / 30 | 1 | 15 |
| 4 Beds | $1,028,806 | $899,000 | $679,000 – $1,795,000 | $472 / $450 | 2,514 / 2,500 | 19 / 15 | 0 | 16 |
| 5 Beds | $1,132,742 | $999,000 | $849,900 – $1,850,000 | $372 / $386 | 2,872 / 2,600 | 42 / 27 | 1 | 12 |
| 6 Beds | $2,230,500 | $1,900,000 | $900,000 – $3,499,000 | $494 / $388 | 4,501 / 3,881 | 60 / 30 | 0 | 10 |
| 7 Beds | $1,661,750 | $1,500,000 | $1,350,000 – $2,499,000 | $468 / $377 | 3,220 / 2,862 | 43 / 26 | 0 | 8 |
Rental Market Overview
Median Rent
$2,950
+2.6%
Median DOM
26
0.0%
New Listings
37
Inventory
236
+1.7%
- Average Rent: $3,302
- Median Rent: $2,950
- Rent Range: $1,300 – $10,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,208 / 989
- Square Footage Range: 277 – 10,016
- Days on Market (Avg/Median): 42 / 26
- Days on Market Range: 1 – 326
- New Listings: 37
- Total Listings: 236
Rentals by Property Type
Apartment
$2,428
Median DOM: 30
Inventory: 54
MoM: +2.6%
Condo
$3,300
Median DOM: 19
Inventory: 40
MoM: +2.6%
Single Family
$3,400
Median DOM: 28
Inventory: 28
MoM: +2.6%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +2.6%
Apartment
Avg/Median Rent$2,495 / $2,428Range$1,300 – $4,000Rent per Sq Ft$3 / $3Sq Ft803 / 750DOM52 / 30New6Total54
Condo
Avg/Median Rent$3,791 / $3,300Range$1,950 – $7,800Rent per Sq Ft$3 / $3Sq Ft2,353 / 1,116DOM35 / 19New7Total40
Multi-Family
Avg/Median Rent$3,229 / $3,100Range$1,300 – $7,000Rent per Sq Ft$3 / $3Sq Ft1,173 / 1,045DOM41 / 26New20Total114
Single Family
Avg/Median Rent$4,453 / $3,400Range$1,750 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,910 / 2,200DOM35 / 28New4Total28
Rentals by Bedroom Count
Studio
Avg:$2,212Median:$2,099Range:$1,750 – $2,966PSF:$5 / $5Sq Ft:456 / 495DOM:33 / 30New:0Total:9
1 Beds
Avg:$2,214Median:$2,150Range:$1,300 – $3,705PSF:$3 / $3Sq Ft:737 / 748DOM:48 / 28New:11Total:73
2 Beds
Avg:$3,139Median:$3,000Range:$2,100 – $5,500PSF:$3 / $3Sq Ft:1,478 / 1,060DOM:41 / 26New:19Total:90
3 Beds
Avg:$4,102Median:$3,791Range:$2,700 – $6,500PSF:$3 / $3Sq Ft:1,529 / 1,400DOM:38 / 26New:5Total:41
4 Beds
Avg:$5,868Median:$7,000Range:$3,200 – $9,000PSF:$3 / $3Sq Ft:2,046 / 2,010DOM:26 / 19New:1Total:17
5 Beds
Avg:$6,975Median:$6,500Range:$5,400 – $9,500PSF:$2 / $2Sq Ft:3,000 / 3,000DOM:58 / 46New:1Total:4
6 Beds
Avg:$9,650Median:$9,300Range:$9,300 – $10,000PSF:$3 / $3Sq Ft:3,200 / 3,200DOM:48 / 42New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,212 | $2,099 | $1,750 – $2,966 | $5 / $5 | 456 / 495 | 33 / 30 | 0 | 9 |
| 1 Beds | $2,214 | $2,150 | $1,300 – $3,705 | $3 / $3 | 737 / 748 | 48 / 28 | 11 | 73 |
| 2 Beds | $3,139 | $3,000 | $2,100 – $5,500 | $3 / $3 | 1,478 / 1,060 | 41 / 26 | 19 | 90 |
| 3 Beds | $4,102 | $3,791 | $2,700 – $6,500 | $3 / $3 | 1,529 / 1,400 | 38 / 26 | 5 | 41 |
| 4 Beds | $5,868 | $7,000 | $3,200 – $9,000 | $3 / $3 | 2,046 / 2,010 | 26 / 19 | 1 | 17 |
| 5 Beds | $6,975 | $6,500 | $5,400 – $9,500 | $2 / $2 | 3,000 / 3,000 | 58 / 46 | 1 | 4 |
| 6 Beds | $9,650 | $9,300 | $9,300 – $10,000 | $3 / $3 | 3,200 / 3,200 | 48 / 42 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$999,000Median DOM:21New:30Total:67
Apr 2026
Median Price:$969,000Median DOM:14New:53Total:101
May 2026
Median Price:$969,000Median DOM:18New:34Total:112
Jun 2026
Median Price:$969,000Median DOM:19New:37Total:124
Jul 2026
Median Price:$930,000Median DOM:22New:22Total:94
Aug 2026
Median Price:$899,999Median DOM:22New:3Total:83
6-Month Rental Trend
Mar 2026
Median Rent:$2,750Median DOM:26New:57Total:183
Apr 2026
Median Rent:$2,800Median DOM:27New:59Total:180
May 2026
Median Rent:$2,900Median DOM:26New:64Total:203
Jun 2026
Median Rent:$2,900Median DOM:23New:73Total:226
Jul 2026
Median Rent:$2,875Median DOM:26New:75Total:232
Aug 2026
Median Rent:$2,950Median DOM:26New:37Total:236
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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