Essex County, NJ Home Values & Market Trends

The median home price in Essex County, NJ is $691,598. There were 6,047 home sales in Essex County, NJ over the past 12 months. The median residential Essex County, NJ home value for transactions over the previous year is $660,968. The number of current listings in Essex County, NJ is 5,350, and the percentage of properties for sale is 5350.00%. The county has 2,329 foreclosures, 31 bank owned properties, 243 headed for auction, and 5,350 properties for sale.

Essex County, NJ Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Newark

$ 522,111

$ 267/sqft

South Orange

$ 1,196,850

$ 459/sqft

West Orange

$ 699,000

$ 393/sqft

Verona

$ 799,000

$ 442/sqft

East Orange

$ 536,772

$ 280/sqft

Short Hills

$ 2,823,945

$ 734/sqft

Bloomfield

$ 649,999

$ 428/sqft

Caldwell

$ 987,417

$ 427/sqft

Livingston

$ 1,320,893

$ 572/sqft

Cedar Grove

$ 807,646

$ 435/sqft

Irvington

$ 460,484

$ 299/sqft

Roseland

$ 895,972

$ 423/sqft

Montclair

$ 1,405,353

$ 567/sqft

Glen Ridge

$ 1,340,385

$ 622/sqft

Nutley

$ 680,769

$ 415/sqft

Fairfield

$ 873,748

$ 372/sqft

Belleville

$ 559,000

$ 379/sqft

Millburn

$ 1,459,752

$ 742/sqft

Maplewood

$ 1,058,113

$ 521/sqft

Essex Fells

$ 1,567,079

$ 540/sqft

Orange

$ 544,372

$ 297/sqft

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Housing Market Summary for Essex County, NJ

Sep 2025September 2026Change
Median Listing Price$609.4K$636.5K4.45%
Median Sold Price$661.7K$660.4K-0.21%
Homes For Sale3,2905,28260.55%
Homes Sold3,1982,221-30.55%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Essex County, NJ

Essex County, NJ home values range from $50,000 to $20,000,000. Short Hills is the priciest city with a median listing home price of $3,499,000, and Irvington is most affordable with average house prices of around $450,000.

Foreclosure
There are 21 cities within Essex County, NJ; within these cities, the median estimated home value for homes in foreclosure ranges from $4,203,762 in East Orange to the lowest value of $105,000 in East Orange. Foreclosure homes account for 18.00% of properties in Essex County, NJ with Newark containing 739 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 16.76% of all residential properties in Essex County, NJ with Newark containing 646 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 21 cities within Essex County, NJ; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,024,486 in Short Hills to the lowest home value of $105,000 in East Orange.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Essex County, NJ ranges from the highest value of $877,321 in Nutley to the lowest value of $159,900 in Roseland. Bank owned homes and properties account for 0.25% of properties in Essex County, NJ. There are 21 cities within Essex County, NJ; Newark containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Newark has 83 auction properties, the highest number of properties going to auction in a single city in the state of Essex County, NJ. Auction homes and other auction properties account for 1.98% of all properties in Essex County, NJ. There are 21 cities within Essex County, NJ; of those cities, the median estimated home value for homes going to auction ranges from $970,000 in Glen Ridge to the lowest value of $150,000 in Glen Ridge.
Homes for Sale
Homes and properties that are actively listed for sale account for 43.64% of residential properties in Essex County, NJ with Newark containing 878 homes for sale, the highest number of listed properties in a single city. There are 21 cities within Essex County, NJ; homes for sale in those cities, have a range of median values from $5,995,000 in Short Hills to the lowest value of $50,000 in Newark.
    Sold Homes
    The median value for recently sold homes ranges from $4,901,415 in Short Hills to the lowest price of $65,481 in Short Hills. There are 21 cities within Essex County, NJ. Newark has 632 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 18.37% of properties in Essex County, NJ.

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      Guide for Essex County, NJ

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.