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Watsessing, NJ
Full City Profile · New Jersey · Essex County County
3.6
/5.0
B+
Good
7,944
Population
12,813/sq mi density
$94,301
Median Income
$56,531 per capita
$418,500
Home Value
$1,103,768 Zillow
$1,997
Median Rent
27.7% income on rent
55°F
Avg Temperature
271 sunny days/yr
39
Violent Crime/100K
2,155 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$94,301 median income, 5.4% unemployment
A
Affordability
4.2 / 5.0
$418,500 home value, $1,997/mo rent
F
Safety
1.0 / 5.0
39 violent crimes/100K
A+
Education
5.0 / 5.0
54.0% bachelor's degree or higher
Housing Overview
Median Home Value
$418,500
48% above
US avg: $281,900
Median Rent
$1,997/mo
72% above
US avg: $1,163/mo
Homeownership Rate
32.1%
51% below US avg (65.4%)
Total Housing Units
3,630
Median year built: 1948
Home Value by Source
Census Median
$418,500
Zillow (ZHVI)
$1,103,768
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
32.1%
Owner-Occupied
67.9%
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:
$1,997/mo
Affordability & Housing Stock
Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
32.1%
Complete Housing Data
Home Values
| Census Median Value | $418,500 |
| Zillow Home Value (ZHVI) | $1,103,768 |
Rent
| Census Median Rent | $1,997 |
| 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 | 32.1% |
| Renter-Occupied | 67.9% |
| Homeownership Rate | 32.1% |
| Total Housing Units | 3,630 |
| Median Year Built | 1948 |
| Rent Burden | 27.7% |