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Multi-family Homes in Essex Fells, NJ

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View this home at Linden Ave # 1 Irvington NJ 07111
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Linden Ave # 1
Irvington, NJ 07111
Multi-Family
2,480
AUCTION: 05-28-2024
Multi-Family
2,480
View this home at Beech St East Orange NJ 07018
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$188,000 EMV
Beech St
East Orange, NJ 07018
Multi-Family
EST. RENT: $1,990
|
AUCTION: 04-16-2024
Multi-Family
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Top Reasons To Live In Essex Fells, NJ In 2024

Essex Fells is located in Essex, New Jersey, with an estimated municipal population of 2,088 residents. All of the best foreclosed homes for sale in Essex Fells are located in the following zip code areas on Foreclosure.com: 07021. The estimated population per square kilometer (.62 miles) in Essex Fells is 572.


Cost Of Living In Essex Fells, NJ

So, about how much do homes cost in Essex Fells? The most recent median value of resident-owned homes in Essex Fells is 849,239. An estimated 93.9 percent of households in Essex Fells own their homes, with an average family size of 3.11. The median household income in Essex Fells is 213,088, with74.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Essex Fells, the median commute time of resident workers (in minutes) is 35.2. And last, but certainly not least, are you looking for homes to rent in Essex Fells? If so, the average rent price paid by renters in Essex Fells is 2,250, according to recent statistics.


Diversity And Demographics In Essex Fells, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Essex Fells, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Essex Fells is 45.7, split between 46.5 percent male versus 53.5 female. The percentage of residents who report being married in Essex Fells is 71.2, with an average family size of 3.11.

The percentage of residents who report their race in Essex Fells is as follows:

White 93.7%
Black / African American 0%
Asian 3.6%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Essex Fells? Or maybe you are searching for 55+ active adult communities in and/or near Essex Fells?

The percentage of residents who report their age in Essex Fells is as follows:

Under 10 12%
Aged 10-19 15.6%
20s 5.5%
30s 7.9%
40s 17.1%
50s 16%
60s 12.7%
70s 7.2%
80+ 6.1%

Best Schools In Essex Fells, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Essex Fells with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Essex Fells.


Pros And Cons Of Living In Essex Fells, New Jersey

How do you know that living in -- or moving to -- Essex Fells is right where you need to be? Perhaps you grew up in Essex Fells or already live nearby; therefore, the decision to buy a home in Essex Fells is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Essex Fells for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Essex Fells:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Essex Fells.


Reasons To Move To Essex Fells, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Essex Fells can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Essex Fells, meanwhile, can field multiple offers from more qualified buyers.

Essex Fells, NJ Multi-family Homes Foreclosures


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