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Essex Fells, NJ
Full City Profile · New Jersey · Essex County County
4.2
/5.0
A
Great
2,320
Population
1,645/sq mi density
$250,001
Median Income
$122,383 per capita
$976,300
Home Value
$1,394,364 Zillow
$3,501
Median Rent
37.5% income on rent
53°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.9 / 5.0
$250,001 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$976,300 home value, $3,501/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
81.5% bachelor's degree or higher
Housing Overview
Median Home Value
$976,300
246% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
96.8%
48% above US avg (65.4%)
Total Housing Units
798
Median year built: 1950
Home Value by Source
Census Median
$976,300
Zillow (ZHVI)
$1,394,364
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.8%
Owner-Occupied
3.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$3,501/mo
Affordability & Housing Stock
Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
96.8%
Complete Housing Data
Home Values
| Census Median Value | $976,300 |
| Zillow Home Value (ZHVI) | $1,394,364 |
Rent
| Census Median Rent | $3,501 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
Ownership & Stock
| Owner-Occupied | 96.8% |
| Renter-Occupied | 3.2% |
| Homeownership Rate | 96.8% |
| Total Housing Units | 798 |
| Median Year Built | 1950 |
| Rent Burden | 37.5% |