Housing costs in Essex Fells?
A typical home costs
$1,147,600, which is 239.4% more expensive than the national average of
$338,100 and 165.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Essex Fells costs
$2,030 per month, which is 42.0% more than the national average of
$1,430 and 15.8% more than the state average of
$1,710.
Can I afford Essex Fells?
To live comfortably in Essex Fells, New Jersey, a minimum annual income of
$219,960 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Essex Fells?
Essex Fells, NJ is known for its high cost of living. According to Zillow, the median home value in Essex Fells is $676,500, more than double the national median value. Additionally, the cost of living index is nearly 140% higher than the national average with goods and services costing about 40% more than the rest of the country. It has a comparatively low crime rate and good schools, making it an attractive residential option for those who can afford it.