ZIP Code 07021 — Essex Fells borough, NJ Demographics & Data

ZIP code 07021 covers Essex Fells, NJ in Essex County with a population of about 2,320.

At a glance, the area shows median age of 43.8 versus a U.S. median of about 38.9.

It sits in telephone area codes 862, 973; U.S. House district NJ-10; the NEW YORK media market.

Essex Fells, NJ sits in a university / college context (near caldwell university (0.4 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 07021 is about $250,001 — about 233% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 0.4%; unemployment rate near 3.9%; 81.5% of adults with a bachelor’s degree or higher (about 47.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Manufacturing, and Finance and insurance; about 32.5% of workers reporting work-from-home (about 17.3 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $976,300 — about 180% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $3,375 (about 190% above the U.S. median rent ($1,163)), and owner-occupancy near 96.8% (about 31.4 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 07021 in Essex Fells, NJ, a household would need roughly $269,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,271. That is roughly in line with the local median household income ($250,001). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Essex Fells borough, NJ as Relatively High (composite score 97.7), which is among the highest nationally. The strongest component scores on US5 are flood (98.8) and hurricane (91.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Essex Fells borough, NJ show little to no average snow and around 48.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 149 for ZIP 07021 (Essex Fells borough, NJ) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.