
Home Price Key
These days, finding an affordable place to live in the Essex Fells area can be challenging. Home prices in Essex Fells are now at a median cost of $883,883, higher than the New Jersey average of $388,929.
The average cost of rent is $3,488/mo in Essex Fells, primarily driven by the current value of real estate in the Essex Fells area. While nearly 30.67% of residents own their homes outright in Essex Fells, 4.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Essex Fells is $19,393 per month. Households that rent pay about 17.99% of their income on rent here. Essex Fells's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
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