Essex County, NJ Housing

Essex County, NJ is an affluent area with a high median housing value of $498,800. This is significantly higher than the US national median housing value of $338,100. In recent years, Essex County has experienced strong house appreciation at 14.39%, which is much higher than the national average of 8.27%. With its desirable location and rising property values, Essex County is an attractive option for prospective home buyers looking for stable investments in real estate.

The median home cost in Essex County is $498,800. Home appreciation the last 10 years has been 67.5%. Home Appreciation in Essex County is up 11.8%.

Average Age of Homes

- The median age of Essex County real estate is 62 years old

The Rental Market in Essex County

- Renters make up 48.6% of the Essex County population
- 2.0% of houses and apartments in Essex County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Essex, New Jersey	United States
	332,311.0	139,647,020.0
	64	42
	$498,800	$338,100
	11.8%	16.6%
	45.0%	57.0%
	67.5%	101.1%
	$29.15	$10.98
	$10,001	$2,690
	41.2%	57.4%
	7.4%	11.2%
	51.3%	31.4%
Vacant Housing
	2.0%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	0.2%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.5%	2.4%
	0.5%	2.8%
	0.4%	3.9%
	0.5%	4.5%
	3.1%	11.3%
	6.3%	13.0%
	15.4%	20.1%
	19.2%	13.6%
	16.6%	8.3%
	20.0%	9.7%
	8.6%	3.9%
	4.4%	2.2%
	1.3%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	6.8%	13.6%
	6.8%	13.6%
	6.8%	13.6%
	6.5%	13.2%
	8.9%	14.8%
	6.8%	13.6%
	15.2%	10.0%
	9.9%	4.7%
	29.7%	12.2%

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