What is the median home value in Essex Fells Borough, NJ?

The median value of owner-occupied homes in Essex Fells Borough, NJ is $1,083,000 (±$91,196), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Essex Fells Borough, the median home value went from $849,000 in 2015–2019 to $1,083,000 in 2020–2024 (+27.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$1,083,000 (±$91,196)
Owner-occupied homes
725 (±75)
Most common range
$1,000,000 or more

Home values in Essex Fells Borough

Owner-occupied homes by value, 2020–2024
ValueEssex Fells BoroughEssex CountyNew JerseyUnited States
Less than $50,0000.0% (±6.0 points)3.3%2.5%5.3%
$50,000 to $99,9990.0% (±6.0 points)0.9%1.8%6.1%
$100,000 to $149,9990.0% (±6.0 points)1.3%2.2%6.8%
$150,000 to $199,9990.0% (±6.0 points)2.0%4.3%9.0%
$200,000 to $299,9990.0% (±6.0 points)9.0%12.9%17.8%
$300,000 to $499,9993.9% (±2.7 points)31.0%34.2%26.9%
$500,000 to $999,99940.8% (±6.4 points)39.7%34.5%20.9%
$1,000,000 or more55.3% (±6.2 points)12.9%7.6%7.1%

The most common range is $1,000,000 or more, 55.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Essex Fells Borough against Essex County, its state and the nation

Estimate (90% margin of error)
Essex Fells BoroughEssex CountyNew JerseyUnited States
Median home value$1,083,000 (±$91,196)$524,100 (±$11,118)$454,400 (±$1,150)$332,700
Owner-occupied homes725 (±75)143,579 (±2,304)2,239,128 (±10,678)84,210,142

In Essex Fells Borough, the median home value is higher than in Essex County ($524,100).

It is also higher than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Essex County, Essex Fells Borough ranks 2 of 22 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 29 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Essex Fells Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$849,000 (±$48,697)$1,083,000 (±$91,196)+27.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Essex Fells Borough

Nearest places with a published estimate, compared with Essex Fells Borough
PlaceDistanceMedian home valueCompared with this place
Essex Fells Borough—$1,083,000 (±$91,196)—
Caldwell Borough0.8 mi$575,400 (±$36,462)Lower
West Caldwell Township1.6 mi$659,100 (±$26,272)Lower
Pleasantdale1.7 mi$579,800 (±$42,511)Lower
Verona Township1.8 mi$608,400 (±$25,270)Lower
Roseland Borough1.8 mi$665,700 (±$37,294)Lower
North Caldwell Borough2.7 mi$904,500 (±$55,357)Lower
West Orange Township3.0 mi$557,300 (±$24,326)Lower
Cedar Grove Township3.2 mi$634,000 (±$19,988)Lower

Nearby places with a measurably lower figure: Caldwell Borough, NJ ($575,400), West Caldwell Township, NJ ($659,100), Pleasantdale, NJ ($579,800).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Essex County, place by place

RankPlaceMedian home value
1Millburn Township$1,371,500 (±$92,964)
2Essex Fells Borough$1,083,000 (±$91,196)
3Montclair Township$906,400 (±$24,685)
4North Caldwell Borough$904,500 (±$55,357)
5South Orange Village$866,600 (±$31,776)
6Glen Ridge Borough$836,600 (±$54,823)
7Livingston Township$821,100 (±$25,265)
8Maplewood Township$720,700 (±$31,701)

Showing 8 of 22 places in Essex County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Essex Fells Borough

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Questions about Essex Fells Borough

What is the average home value in Essex Fells Borough, NJ?

The Census Bureau publishes the median: $1,083,000 (±$91,196) for owner-occupied homes in Essex Fells Borough (2020–2024 American Community Survey).

Have home values in Essex Fells Borough gone up?

In Essex Fells Borough, the median home value went from $849,000 in 2015–2019 to $1,083,000 in 2020–2024 (+27.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Essex Fells Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Essex Fells borough, Essex County, New Jersey (county subdivision:21840, in state:34 county:013).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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