Home Insurance in Essex Fells, New Jersey
Homes in Essex Fells carry a median value of $1,083,000 - 107% higher than the Essex County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Essex Fells was built around 1954. About 59% of homes were built before 1960, about 7 points above Essex County's 53%.
Housing in Essex Fells breaks down to 97% single-family homes.
73% of owner-occupied homes in Essex Fells carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 7%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 96% of occupied homes in Essex Fells are owner-occupied.
Most homes in Essex Fells - 91% - are primarily heated with natural gas.
FEMA rates Essex County's overall risk as Relatively High, led by inland flooding (Relatively High). Essex County had 4,122 active NFIP flood policies as of September 2026. See the full Essex County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $1,083,000 |
|---|---|
| Median year built | 1954 |
| Owner-occupied share | 96% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Essex County | 4,122 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)