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Featured local agent — Essex Fells, NJ
Sarah Mitchell
Compass Real Estate · Essex Fells, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Essex Fells, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.59Mmedian sale price
How is the Essex Fells, NJ housing market right now?
The median home sale price in Essex Fells, NJ is $1.59M, down 8.7% year-over-year. Homes sell in an average of 165 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Essex Fells a buyer's or seller's market?
Essex Fells, NJ is currently a seller's market, based on 1.0 months of supply and homes selling in about 165 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
165
Average pace
Active listings
3
1.0 months supply
Sale-to-list
99.5%
Below asking
What does the Essex Fells housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.59M |
| Median list price | $3.40M |
| Year-over-year price change | -8.7% |
| Average days on market | 165 days |
| Active inventory | 3 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $553/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Essex Fells by property type?
How the Essex Fells, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.59M | $553/sq ft | 3 | 165 days |
Source: Redfin · Updated monthly
The Essex Fells housing market is currently classified as a seller's market with a median sale price of $1.59M. Prices have fallen 8.7% compared to last year, with homes spending an average of 165 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.0x provides context for how home values compare to local earning capacity.
Homes for sale in Essex Fells
There are currently 3 homes listed for sale in Essex Fells, New Jersey. The median listing price is $3.4M.
Active listings
3
Homes on market
Median list price
$3.4M
Avg. days on market
165
Days until sale
New this week
1
Newly listed
Who lives in Essex Fells?
Population
2,320
Median income
$250,001/yr
Median age
43.8 years
Owner-occupied
96.8%
College grads
81.5%
Avg commute
31.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Essex Fells?
Zillow home value
$1.49M
Price-to-income
6.0x
Source: Zillow Research
What is it like to live in Essex Fells?
Essex Fells is a community of approximately 2K residents with a median age of 43.8 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 81.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 96.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Essex Fells offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Essex Fells?
1 schools tracked · 247 students
The largest public schools serving Essex Fells, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Essex Fells Elementary School
Grades PK-6 · 247 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Essex Fells, NJ?
Want a head-to-head view? Compare Essex Fells side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Essex Fells?
The median home sale price in Essex Fells is $1.59M, down 8.7% from last year.
How long do homes stay on market in Essex Fells?
Homes typically spend 165 days on market before going under contract.
What is the median income in Essex Fells?
The median household income is $250,001 per year.
Is Essex Fells a buyer's or seller's market?
With 1.0 months of supply, Essex Fells is currently a seller's market.
What is the Zillow home value estimate for Essex Fells?
The Zillow Home Value Index (ZHVI) for Essex Fells is $1.49M, representing the typical home value in the area.
How much does a single-family home cost in Essex Fells?
The median single-family home price in Essex Fells, NJ is $1.59M (about $553 per square foot).
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