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Home values, rents and more in ZIP code 07045 (Montville, NJ)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$822,000
Metro: $731,000 · U.S.: $366,000
Home values, past year
+3.6%
Metro: +4.9% · U.S.: +1.2%
Population
10,561
ACS 2020–24
Median household income
$185,078
Metro: $99,155 · U.S.: $80,734
ZIP codes around 07045, shaded by typical home value0704507470078660740507005070540783407438070040700607039079500741707052
  • Under $530k
  • $530k–$650k
  • $650k–$740k
  • $740k–$900k
  • $900k+
  • No data
ZIP codes around 07045, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 07045 is outlined.

How 07045 compares

The typical home in ZIP code 07045 (Montville, NJ) is worth about $822,000, according to the Zillow Home Value Index for September 2026. Home values in 07045 are 12% above the typical value in the New York metro area ($731,000) and 2.2 times the U.S. typical value ($366,000).

Over the past year, home values in 07045 rose 3.6%, compared with +4.9% in the New York metro area and +1.2% nationally.

The median household income is $185,078, against $99,155 in the New York metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 10,561 people live in 07045 (American Community Survey 2020–24).

07045 has the 305th-highest typical home value of the 815 ZIP codes in the New York metro area and the 119th-highest of 546 in New Jersey with Zillow figures.

Part of: Montville, NJ · Morris County, NJ · New York metro area · New Jersey

More for 07045 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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