A Montclair house listed at $1,195,000 closed at $1,999,999 — $805,000 over asking, in 12 days. Here’s the rest of the month the headline number doesn’t show.
The short version: Montclair closed 45 sales in July; 38 sold over asking. Glen Ridge closed 11; all 11 sold over asking. But the frenzy wasn’t indiscriminate — seven Montclair closings that same month landed at or under list.
A Montclair house listed at $1,195,000 closed at $1,999,999 — twelve days on market, $805,000 over ask. It’s the single biggest spread of the month, and it wasn’t an outlier in isolation: two neighboring homes on Watchung Avenue both closed 60%+ over their own asking prices the same month.
Every single Glen Ridge closing in July — all 11 — sold over asking. A small town with a hard cap on new inventory doesn’t leave much room for a seller to negotiate down right now.
A $3,000,000 listing on Edgemont Road closed at $4,100,000 — the top-end premium got bigger in July, not smaller.
"Everything is selling over ask" is true on average and false for a meaningful minority of Montclair sellers. Where your specific home and block land matters more than the town-wide headline — that’s the read worth getting before you set a list price.
45 closed single-family sales, Montclair, NJ; 11 closed single-family sales, Glen Ridge, NJ; July 1–31, 2026. Sale prices and addresses verifiable in Essex County public records. Data supplied in part by the Garden State Multiple Listing Service, L.L.C. (GSMLS), which does not guarantee its accuracy and may not reflect all real estate activity in the market. This is general market information, not legal, tax, or appraisal advice.
I’ll pull your block’s real July sales and show you exactly where your home sits — before you ever set a price.