What the Pros Know
Market Snapshot
Zip Code 7050 | Essex County, NJ
33,523
Population
YoY
202235.4
Median Age
YoY
2022$50,498
Median Household Income
YoY
2022$457,500
Median Sale Price
0.0% MoM
31.8% YoY
7/202420
Homes Sold
20.0% MoM
37.5% YoY
7/20241.0
Months Inventory
14% MoM
17.8% YoY
7/202422
Days on Market
1900 MoM
4400 YoY
7/202419
Listings
9.5% MoM
48.6% YoY
7/2024106.3%
Sale Price to List Price
0.1% MoM
3.7% YoY
7/2024
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.