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5 bedroom homes for sale in 07940, NJ

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07940, NJ Real Estate Market Overview

There are no 5-bedroom homes for sale in 07940, NJ. The following market insights reflect all property types in the 07940, NJ real estate market. The number of homes for sale in 07940, NJ increased by 31.7% between May 2025 and June 2025. In June 2025, listings were on the market for 0 days. During the same period, the median list price in this real estate market was $1,114,500. While more than 8 listings in 07940, NJ in June 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 0 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in 07940, NJ

07940 is located in New Jersey. There are roughly 16,446 residents, living in 5,628 households. The average temperature for 07940 this time of the year is low of 62F and high of 85F. On average, 07940 gets about 4.84 inches of precipitation in July. Most residents are home owners (65%), have a post secondary degree (51%) and are single, no kids (38%).

Data provided by Home Junction

Schools near 07940, NJ

Elementary Schools

  • Kings Road Elementary School

    215 Kings Rd

    Public District KG-5

  • Central Avenue Elementary School

    50 Central Ave

    Public District PK-5

  • Torey J. Sabatini Elementary School

    Glenwild Circle

    Public District KG-5

Middle Schools

  • Madison Junior School

    160 Main St

    Public District 6-8

  • Ridgedale Middle School

    71 Ridgedale Ave

    Public District 6-8

High Schools

  • Madison High School

    170 Ridgedale Ave

    Public District 9-12

Data provided by Great Schools

Housing market reports in Morris County

Homes for sale near 07940, NJ

Top real estate cities in New Jersey

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*Based on Rocket Mortgage data in comparison to public data records.

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