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Essex County, New Jersey Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
44
Sold (12M)
125
Median Price
$250K
Market Condition
Balanced Market

Essex County, New Jersey Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$250K
Avg Price/Acre
$2.1M
Avg Days on Market
99
Months of Supply
6.0
YoY Price Change
+216.7%
New Listings (3M)
19

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres11749103
1-2 acres--23
2-5 acres---1
5-10 acres-111
10-20 acres---1
20-50 acres--11
50-100 acres----
100+ acres----
TOTAL11853110
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres103 sold / 35 listed
1-2 acres3 sold / 3 listed
2-5 acres1 sold / 0 listed
5-10 acres1 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$455K$910K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$169.7M
Last 12 months
Active Listings
44
Current inventory
Avg Days on Market
99
Time to sell
Price Trend (YoY)
+216.7%
Year over year

Essex County, New Jersey Land Market Analysis

How much is land worth in Essex County, New Jersey?

The median price for land in Essex County, New Jersey is currently $2.1M per acre. For a typical parcel, the median sale price is $250K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $83K while premium lots reached $895K.

Is now a good time to buy land in Essex County, New Jersey?

Essex County, New Jersey is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have increased 216.7% year-over-year.

What is the months of supply for land in Essex County, New Jersey?

Essex County, New Jersey currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the average price per acre in Essex County, New Jersey?

Land in Essex County, New Jersey averages $4.6M per acre. The median price per acre is $2.1M, which may be more representative of typical transactions. Most parcels sold are around 3,497 sq ft.

What is the total land for sale in Essex County, New Jersey?

There are currently 44 active listings in Essex County, New Jersey. 19 new listings have hit the market in the last 90 days. The median asking price is $438K.

How long does it take to sell land in Essex County, New Jersey?

Land in Essex County, New Jersey typically sells within 99 days of listing. The median time on market is 45 days. Properties are moving at a moderate pace in the current balanced market.

Is now a good time to invest in land in Essex County, New Jersey?

The current absorption rate in Essex County, New Jersey is 16.7% (3-month basis), indicating strong demand. With appreciating values (+216.7% YoY), the market shows growth potential. The top-performing broker in this market is Coldwell Banker Realty.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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