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Housing in Montague Township

68 homes sold in Montague Township in the last year, at a typical $351K

Redfin reports Montague Township’s sales by ZIP code, so these figures are for ZIP 07827, which takes in Montague 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 Montague Township homes are listed.

Homes for sale in Montague TownshipZillowRealtor.comMore places to look ↓
Homes sold
68
ZIP 07827 · October 2025 to September 2026
Typical sale price
$351K
median, weighted by sales
Price per square foot
$231
New Jersey $335
Paid vs. asking
100.4%
44% sold over asking
For sale now
39
September 2026 · 7 sold that month
What sold · last 12 months · ZIP 07827

Houses are 94% of Montague Township’s sales, at a typical $337K (year to May 2026)

68 homes sold in the year to September 2026.

Houses$337K

typical sale · 55 sold in the year to May 2026

Per square foot
$229NJ $331
Days to sell
44
Sold over asking
44%
Fewer sales

Condos: 2 sold, typical $125K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than before 2024, at 2.6 times the 2016 price

68 sales in the last year, against 106 in 2023 and a low of 54 in 2024. The typical sale went from $137K in 2016 to $351K.

Homes soldTypical sale price
03775112150$100K$200K$300K$400K2016: 64 sold, typical $137K’162017: 100 sold, typical $117K2018: 105 sold, typical $104K’182019: 86 sold, typical $172K2020: 97 sold, typical $183K’202021: 99 sold, typical $249K2022: 93 sold, typical $262K’222023: 106 sold, typical $259K2024: 54 sold, typical $339K’242025: 55 sold, typical $329KLast 12 months: 68 sold, typical $351KNow

Source: Redfin Data Center, MLS sales; for ZIP 07827, which takes in Montague 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Montague Township

Houseat $229 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Montague 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.

What the sales history says · 10 years of sales

Bidding wars in Montague Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 07827 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 September 2026, 68 sales.

If you’re buying in Montague Township

  • Shop in May. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 100.4% of the list price on average; 44% paid over.
  • You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 49 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

June has the most new listings (about 12 a month), but October is the most competitive: 34% of October sales close over asking. April and May offer nearly as much choice with fewer homes bid up (30%). March has the least competition (24%).

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 7 new listings a month, 27% sold over asking, 122 days to sellJFeb: 7 new listings a month, 30% sold over asking, 120 days to sellFMar: 8 new listings a month, 24% sold over asking, 104 days to sellMApr: 10 new listings a month, 30% sold over asking, 98 days to sellAMay: 12 new listings a month, 29% sold over asking, 88 days to sellMJun: 12 new listings a month, 32% sold over asking, 84 days to sellJJul: 12 new listings a month, 31% sold over asking, 89 days to sellJAug: 10 new listings a month, 32% sold over asking, 87 days to sellASep: 10 new listings a month, 33% sold over asking, 87 days to sellSOct: 9 new listings a month, 34% sold over asking, 95 days to sellONov: 8 new listings a month, 32% sold over asking, 98 days to sellNDec: 7 new listings a month, 32% sold over asking, 110 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like New Jersey as a whole

Montague Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price44%19%41%44%
Gone within two weeksShare of homes under contract within 14 days14%0%1%30%
Price paid vs. askingAverage sale price ÷ list price100.4%95.2%99.8%100.9%
Days to sellMedian days from listing to contract491388146
Supply

29 homes for sale on a typical day

That’s twice the 2024 low (14), 50% fewer than in 2017–19 and well under 2017’s 70.

2016: 55 for sale’162017: 70 for sale2018: 54 for sale2019: 50 for sale’192020: 36 for sale2021: 34 for sale2022: 35 for sale’222023: 22 for sale2024: 14 for sale2025: 21 for sale’25Last 12 months: 29 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 07827, which takes in Montague Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Montague Township home costs about $2,329 a month

Mortgage
Property tax
Insurance
Rent

Price: Montague Township’s typical sale, last 12 months. Property tax at Montague Township’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Montague Township is affordable on local pay is on Cost of living.

Before you buy in Montague Township

Six things worth knowing

12

New listings in June

The month with the most choice. February has the fewest, about 7.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $351K home, about $5,960 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Montague Township, from test results, graduation and how much students grow.

Schools in Montague Township
41 min

Typical commute

The average one-way trip to work for people who live in Montague Township.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Matamoras, Port Jervis, Pocono Woodland Lakes and Gold Key Lake sell for less a square foot

The busier markets within 25 miles of Montague Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Port Jervis79$292K$17525%63
Montague Township (ZIP 07827)68$351K$23144%49
Minisink41$441K$26448%47
Pocono Woodland Lakes38$404K$20120%65
Gold Key Lake31$337K$16931%39
Matamoras27$298K$21915%32
Sussex20$364K$23146%58

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Montague Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Montague Township. People who follow the town see it, and so do people comparing Montague Township with their own town. No commission, no listing fee.

Questions about buying a home in Montague Township

What do homes sell for in Montague Township, NJ?

68 homes sold in the year to September 2026 at a typical $351K, $231 a square foot.

Is Montague Township a buyer’s or seller’s market?

A balanced market: 39 homes were for sale in September 2026 and 7 sold, about 5.3 months of supply. Buyers paid 100.4% of asking on average.

When is the best time to buy in Montague Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Montague Township?

About 1.7% of a home’s value a year. On a $351K home that’s near $5,960.

Where can I see homes for sale in Montague Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Montague Township’s MLS listings; the search links above open each one filtered to Montague Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 07827, which takes in Montague 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).