The story of this market
The typical home in ZIP 07017 sells for about $542,500, or $224 per square foot.
Prices are up +40.18% from a year ago, so sellers still have some momentum. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,376 a month.
ZIP 07017 — East Orange
The 07017 housing market is experiencing a period of significant price appreciation, driven by strong demand for accessible urban housing near New York City. While inventory remains tight, the market shows resilience with steady sales activity and a competitive environment for buyers. High property taxes remain a key factor for local homeowners, but the area's transit connectivity continues to support long-term value growth.
This ZIP is well-suited for commuters and renters seeking affordable access to the New York City metropolitan area, as well as investors looking for high-demand rental properties in an urban setting.
Median prices moved up 40.2% year over year.
Homes spend a median of 44 days on market with 0.8 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.7% · poverty 16.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 07017, Essex County NJ
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in East Orange are generally higher than the national average, with ongoing efforts by local law enforcement to address public safety concerns through community-focused initiatives.
The area is served by the East Orange School District, which faces challenges in academic performance metrics compared to state averages, though it offers a variety of specialized magnet programs.
The region is subject to standard urban flood risks and requires typical property insurance coverage for wind and storm damage common to the New Jersey metropolitan area.
Economic momentum is driven by its proximity to Newark and New York City, with ongoing urban redevelopment projects aimed at revitalizing transit-oriented corridors and increasing housing density.
Property taxes in East Orange are among the highest in the nation due to the local municipal and school district levy structure, which relies heavily on residential property assessments to fund public services.
Residents benefit from excellent transit connectivity, including NJ Transit rail and bus services providing direct access to Newark Penn Station and New York City's employment hubs.
The area features several local parks and community centers, with proximity to larger regional green spaces and shopping districts in neighboring towns like Montclair and South Orange.
The rental market is highly active with significant demand from commuters, leading to low vacancy rates and steady upward pressure on monthly rents.
The local economy is anchored by healthcare, education, and public administration, with a significant portion of the workforce commuting to larger employment centers in Newark and Manhattan.
The area is highly accessible via the NJ Transit Morris & Essex Line and numerous bus routes, facilitating efficient regional travel.
Development efforts are focused on transit-oriented housing and the revitalization of commercial corridors to attract new businesses.
The Essex County Board of Taxation oversees assessments, with properties typically reassessed to maintain equity across the municipality.
Parcels are subject to municipal, county, and school district taxes, with no major MUD/PID districts reported.
Property insurance premiums are influenced by regional hazard profiles, including urban fire risks and storm-related flooding potential.
Data retrieved from US Census Bureau ZCTA 07017 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- American Dream4.57.9 mi
- Supercharged Entertainment4.819.3 mi
- DreamWorks Water Park4.37.9 mi
- Nickelodeon Universe Theme Park4.57.7 mi
- Color Factory NYC4.411.3 mi
- American Dream4.57.9 mi
- MetLife Stadium4.57.7 mi
- Madison Square Garden4.711.5 mi
- Yankee Stadium4.715.5 mi
- Barclays Center4.513.9 mi
- Times Square4.711.9 mi
- Rockefeller Center4.712.3 mi
- Brooklyn Bridge4.812.2 mi
- Central Park4.812.9 mi
- Empire State Building4.712 mi
- The Metropolitan Museum of Art4.813 mi
- Rockefeller Center4.712.3 mi
- Empire State Building4.712 mi
- The Museum of Modern Art4.612.3 mi
- American Museum of Natural History4.612.5 mi
- Central Park4.812.9 mi
- 9/11 Memorial & Museum4.811.2 mi
- Bryant Park4.712.1 mi
- The High Line4.711 mi
- The Battery4.611.4 mi
- Galloping Hill Golf Course4.46.9 mi
- 21 Golf Range Powered by Toptracer4.511.8 mi
- Puttery4.710.9 mi
- Five Iron Golf4.911.8 mi
- Baltusrol Golf Club4.77.7 mi
- American Dream4.57.9 mi
- Chelsea Market4.611 mi
- Macy's4.411.8 mi
- The Mills at Jersey Gardens4.58.1 mi
- Hudson Yards4.711.1 mi
- Newark Liberty International Airport3.76.1 mi
- LaGuardia Airport4.117.7 mi
- Teterboro Airport4.49.9 mi
- North Shore University Hospital Heliport4.626.7 mi
- Chico Express3.914.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Historic landmark and center of local government.
Central green space providing recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.