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$456,250
Median Sale Price
0.3% MoM
32.2% YoY
5/202422
Homes Sold
18.5% MoM
29.4% YoY
5/20241.0
Months Inventory
28.3% MoM
YoY
5/202430
Days on Market
26 MoM
42 YoY
5/202423
Listings
4.2% MoM
4.2% YoY
5/2024107.9%
Sale Price to List Price
2.0% MoM
6.3% YoY
5/2024
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.