What the Pros Know
Market Snapshot
Zip Code 7111 | Essex County, NJ
60,268
Population
YoY
202235.4
Median Age
YoY
2022$57,293
Median Household Income
YoY
2022$424,000
Median Sale Price
4.7% MoM
6.9% YoY
6/202537
Homes Sold
9.8% MoM
32.1% YoY
6/20251.0
Months Inventory
8% MoM
36.9% YoY
6/202550
Days on Market
11 MoM
4 YoY
6/202538
Listings
2.6% MoM
5.6% YoY
6/2025286
Price per Sq Ft
7% MoM
1% YoY
6/2025
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.

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