Essex County, NJ — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$494,400
Median Rent
$1,459/mo
Homeownership
44.5%
Vacancy Rate
5.4%
Total Housing Units
335,550
Property Tax
$10,001/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied44.5%
Renter-Occupied55.5%
Housing Types
Source: Census Bureau ACS (2023)Single Family40.5%
Multi-Family59.3%
Mobile Home0.2%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$2,710/mo
Without Mortgage
$3,259/mo
Median Year Built
1958
The median home value in Essex County, NJ is $494,400 according to 2023 Census Bureau estimates. The median monthly rent is $1,459. 44.5% of housing units are owner-occupied. There are 335,550 total housing units in the county. The vacancy rate is 5.4%.