Photo: Jim.henderson · Public domain273 homes sold in Maplewood Township in the last year, at a typical $933K
Redfin reports Maplewood Township’s sales by ZIP code, so these figures are for ZIP 07040, which takes in Maplewood Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Maplewood Township homes are listed.
Every place Maplewood Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Maplewood Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 89% of Maplewood Township’s sales, at a typical $973K
273 homes sold in the year to May 2026.
typical sale · 244 sold in 12 months
- Per square foot
- $517NJ $331
- Days to sell
- 16
- Sold over asking
- 79%
Condos: 4 sold, typical $261K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
273 sales in the last year, against 440 in 2021 and a low of 252 in 2023. The typical sale went from $522K in 2016 to $933K.
Source: Redfin Data Center, MLS sales; for ZIP 07040, which takes in Maplewood Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $950K buys in Maplewood Township
Check a listing against what Maplewood Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Maplewood Township are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of home sales in ZIP 07040 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 273 sales.
If you’re buying in Maplewood Township
- Shop in April. It brings about 40 new listings a month, close to the busiest month, with fewer bidding wars (62% over asking).
- Expect to bid over asking. Buyers paid 110.6% of the list price on average; 78% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 45 a month), and the most competition: 72% close over asking. April offers nearly as much choice with fewer homes bid up (62%). February has the least competition (50%) but only about 23 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than New Jersey
| Maplewood Township now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 78% | 51% | 74% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 50% | 1% | 4% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 110.6% | 101.9% | 107.4% | 101.2% |
| Days to sellMedian days from listing to contract | 20 | 78 | 65 | 45 |
35 homes for sale on a typical day
That’s 70% fewer than in 2017–19 and well under 2019’s 127.
Houses and condos, year by year
A house typically sold for $973K in the last year (244 sales), a condo for $261K (4).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 07040, which takes in Maplewood Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 20.
Best time to buySchools
The schools grade for Maplewood Township, from test results, graduation and how much students grow.
Schools in Maplewood TownshipTypical commute
The average one-way trip to work for people who live in Maplewood Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Vauxhall, East Orange, Kenilworth, Springfield Township and Roselle Park sell for less a square foot; Short Hills for far more
The busier markets within 25 miles of Maplewood Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| East Orange | 312 | $557K | $257 | 67% | 80 |
| Maplewood Township (ZIP 07040) | 273 | $933K | $501 | 78% | 20 |
| Short Hills | 149 | $2.3M | $718 | 55% | 26 |
| Roselle Park | 92 | $571K | $365 | 75% | 40 |
| Kenilworth | 69 | $634K | $404 | 52% | 43 |
| Vauxhall | 39 | $530K | $393 | 72% | 49 |
| Springfield Township | 31 | $529K | $265 | 55% | 60 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Maplewood Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Maplewood Township. People who follow the town see it, and so do people comparing Maplewood Township with their own town. No commission, no listing fee.
Questions about buying a home in Maplewood Township
What do homes sell for in Maplewood Township, NJ?
273 homes sold in the year to May 2026 at a typical $933K, $501 a square foot.
Is Maplewood Township a buyer’s or seller’s market?
A seller’s market: 43 homes were for sale in May 2026 and 20 sold, about 2.2 months of supply. Buyers paid 110.6% of asking on average.
When is the best time to buy in Maplewood Township?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Maplewood Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Maplewood Township’s MLS listings; the search links above open each one filtered to Maplewood Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07040, which takes in Maplewood Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).