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NJ area data

Essex fells, NJ

Essex fells, NJ.

Population: 2,361 (Census ACS)

Home values & appreciation

Median home value
$1.48M
1-year appreciation
+7.6%
3-year appreciation
+27.1%
5-year appreciation
+44.7%
10-year appreciation
+80.8%
All-time peak (2026-07)
$1.48M
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$1.59M
Median list price
$2.14M
Median days on market
33 days
Sale-to-list ratio
100.6%
Active listings
3
1-year forecast
+2.9%

Rents

2-bedroom fair-market rent (HUD reference)
$2,099/mo
3BR fair-market rent
$2,729/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
strongWind, winterWeather, coldWave, heatWave, inlandFlooding
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
54.0°F
Average high
64.0°F
Average low
44.0°F
Annual precipitation
52.4 in

Walkability & transit

Walkability index
11.5 / 20
Transit service frequency
673

Amenities

National parks within ~60 mi
22
Nearest national park
Thomas Edison National Historical Park (4 mi)
Nearest airport
Essex County Airport (CDW) (3 mi)
Nearest major airport
Morristown Municipal Airport (MMU) (8 mi)
Hospitals nearby (~15 mi)
59
Avg hospital rating
2.8 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-4,174 tax filers

Housing stock

Median year housing built
1,954
Median annual property tax
$10,001
Mean commute to work
21 min
Households with broadband internet
88.4%

Employment & development

Total county employment
273,240
Average weekly wage
$1,593
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
144

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents