Essex County, NJ Real Estate & Property Data

Essex County Real Estate Market Trends
Last Updated: May 01, 2024

With up-to-date real estate data get detailed insight into Essex County, NJ sourced from the nation’s leading property data provider. The current median home price in Essex County, NJ is $603,000. Essex County real estate data shows that there have been a total of 7,408 residential properties sold over the past 12 months. ATTOM’s Essex County real estate data indicates that the county has 170 properties in foreclosure and 6 REOs (real estate bank owned) properties.

Essex County Real Estate Market Trends
Total Residential Properties 156,459
Total Commercial Properties 11,066
Avg. Home Age (Single Family Home) 82 Years
Avg. Square Feet (Single Family Home) 2,212
Total 2024 Residential Sales (year-to-date) 1,346
% of Homes Seriously Underwater (Q2 2024) 0.92%
Total 2023 Residential Sales 7,045
% of Equity Rich Homes (Q2 2024) 43.14%
Effective 2023 Property Tax 1.85%
Total Foreclosure Filings (year-to-date) 430
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Essex County, NJ Real Estate Overview

There were 7,408 residential properties sold in the past year in Essex County, NJ. The median home value in Essex County, NJ is $581,500. There are a total of 156,459 residential properties in the Essex.

Median Sales Price i
$603,000
(Mar 2024)
+11.9%
year-over-year
y-o-y
  • March '24 Mar '24 $603,000
  • February '24 Feb '24 $560,000
  • January '24 Jan '24 $560,000
  • December '23 Dec '23 $594,950
  • November '23 Nov '23 $577,250
  • October '23 Oct '23 $580,000
  • September '23 Sep '23 $625,000
  • August '23 Aug '23 $620,000
  • July '23 Jul '23 $640,000
  • June '23 Jun '23 $635,000
  • May '23 May '23 $590,500
  • April '23 Apr '23 $558,500
Median Down Payment i
$109,125
(Mar 2024)
+42.6%
year-over-year
y-o-y
  • March '24 Mar '24 $109,125
  • February '24 Feb '24 $97,000
  • January '24 Jan '24 $86,400
  • December '23 Dec '23 $111,600
  • November '23 Nov '23 $100,100
  • October '23 Oct '23 $90,000
  • September '23 Sep '23 $120,000
  • August '23 Aug '23 $117,400
  • July '23 Jul '23 $132,000
  • June '23 Jun '23 $130,000
  • May '23 May '23 $113,250
  • April '23 Apr '23 $81,625
Number of Homes Sold i
404
(Mar 2024)
-31.8%
year-over-year
y-o-y
  • March '24 Mar '24 404
  • February '24 Feb '24 438
  • January '24 Jan '24 504
  • December '23 Dec '23 564
  • November '23 Nov '23 514
  • October '23 Oct '23 622
  • September '23 Sep '23 632
  • August '23 Aug '23 777
  • July '23 Jul '23 618
  • June '23 Jun '23 653
  • May '23 May '23 612
  • April '23 Apr '23 478
Number of Purchase Loans i
303
(Mar 2024)
-36.1%
year-over-year
y-o-y
  • March '24 Mar '24 303
  • February '24 Feb '24 343
  • January '24 Jan '24 375
  • December '23 Dec '23 433
  • November '23 Nov '23 402
  • October '23 Oct '23 462
  • September '23 Sep '23 478
  • August '23 Aug '23 570
  • July '23 Jul '23 469
  • June '23 Jun '23 509
  • May '23 May '23 486
  • April '23 Apr '23 376
Number of REFI Loans i
297
(Mar 2024)
-1%
year-over-year
y-o-y
  • March '24 Mar '24 297
  • February '24 Feb '24 299
  • January '24 Jan '24 301
  • December '23 Dec '23 307
  • November '23 Nov '23 319
  • October '23 Oct '23 334
  • September '23 Sep '23 344
  • August '23 Aug '23 418
  • July '23 Jul '23 287
  • June '23 Jun '23 305
  • May '23 May '23 334
  • April '23 Apr '23 245
Number of HELOC Loans i
148
(Mar 2024)
-9.2%
year-over-year
y-o-y
  • March '24 Mar '24 148
  • February '24 Feb '24 134
  • January '24 Jan '24 128
  • December '23 Dec '23 137
  • November '23 Nov '23 154
  • October '23 Oct '23 172
  • September '23 Sep '23 160
  • August '23 Aug '23 203
  • July '23 Jul '23 183
  • June '23 Jun '23 128
  • May '23 May '23 186
  • April '23 Apr '23 177

Essex County, NJ Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Essex County, NJ Foreclosure Activity

There were a total of 170 Essex County, NJ properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 113 Essex County, NJ properties and repossessed 6 Essex County, NJ properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
170
(Mar 2024)
+8.3%
year-over-year
y-o-y
  • March '24 Mar '24 170
  • February '24 Feb '24 133
  • January '24 Jan '24 127
  • December '23 Dec '23 119
  • November '23 Nov '23 149
  • October '23 Oct '23 163
  • September '23 Sep '23 169
  • August '23 Aug '23 115
  • July '23 Jul '23 137
  • June '23 Jun '23 141
  • May '23 May '23 164
  • April '23 Apr '23 113
Foreclosure Starts i
113
(Mar 2024)
+6.6%
year-over-year
y-o-y
  • March '24 Mar '24 113
  • February '24 Feb '24 100
  • January '24 Jan '24 74
  • December '23 Dec '23 82
  • November '23 Nov '23 93
  • October '23 Oct '23 102
  • September '23 Sep '23 81
  • August '23 Aug '23 73
  • July '23 Jul '23 89
  • June '23 Jun '23 97
  • May '23 May '23 92
  • April '23 Apr '23 85
Completed Foreclosures (REOs) i
6
(Mar 2024)
-14.3%
year-over-year
y-o-y
  • March '24 Mar '24 6
  • February '24 Feb '24 4
  • January '24 Jan '24 9
  • December '23 Dec '23 11
  • November '23 Nov '23 4
  • October '23 Oct '23 6
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 8
  • May '23 May '23 7
  • April '23 Apr '23 9
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