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$510,000
Median Sale Price
2.0% MoM
10.9% YoY
6/202526
Homes Sold
13.0% MoM
30.0% YoY
6/20250.9
Months Inventory
15.2% MoM
6.2% YoY
6/202560
Days on Market
0 MoM
16 YoY
6/202523
Listings
4.2% MoM
37.8% YoY
6/2025305
Price per Sq Ft
13.4% MoM
1% YoY
6/2025
See 7050 on Zillow
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.