Market Summary

Essex Fells, Essex County, NJ

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Median Home Price Price

$1,325,885 $1.3M

Median Monthly Rent Rent

$4,512 $4.5K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Essex County

Region Price Rent GRM Display
$1,015,134 $2,938 28.0x
$1,009,183 $3,795 22.0x
$1,055,770 $2,760 32.0x
$2,132,688 $4,293 41.0x
$1,068,375 $3,447 26.0x
$1,150,931 $2,589 37.0x
$781,609 $4,215 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Essex County

Region Price Rent GRM Display
$1,338,439 $4,539 25.0x
$1,168,526 $4,462 22.0x
$1,084,155 $4,513 20.0x
$877,558 $2,624 28.0x
$1,087,016 $3,495 26.0x
$1,029,590 $4,452 19.0x
$1,006,010 $3,484 24.0x
$1,164,767 $2,995 32.0x
$950,091 $3,993 20.0x
$902,803 $2,952 25.0x
$1,034,080 $3,250 27.0x
$700,245 $4,319 14.0x
$1,127,510 $4,477 21.0x
$1,148,667 $2,417 40.0x
$1,212,089 $3,240 31.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$1,395,925 $4,264 27.0x
$1,274,156 $4,406 24.0x
$1,545,741 $2,969 43.0x
$1,248,203 $4,417 23.0x
$191,780 $1,116 14.0x
$2,655,901 $4,579 48.0x
$2,070,957 $4,445 39.0x
$1,144,343 $2,313 41.0x
$397,238 $1,419 23.0x
$1,521,273 $3,920 32.0x
$1,884,030 $4,338 36.0x
$2,092,904 $4,473 39.0x
$1,175,988 $3,424 29.0x
$712,028 $4,351 14.0x
$1,422,335 $2,783 42.0x
$516,904 $3,854 11.0x
$1,189,749 $3,044 32.0x
$925,080 $4,390 18.0x
$711,280 $2,648 22.0x

Home prices

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Monthly rent

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GRM

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Essex Fells

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Trend Insights

Median Rent in Essex Fells, NJ is $4,512, with MoM change +$56 and YoY change +$467 pointing to positive momentum while volatility is low (std $123).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Essex Fells, NJ.

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Metric
Base market Essex Fells, NJ
Compare market Select a market
Delta vs base
Median rent
$4,512
N/A
Median price
$1,325,885
N/A
YoY change
+$467
N/A
Price-to-rent
24.5x
Data unavailable
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