Bloomfield, New Jersey.
Typical home $605,958 (+3.0% in a year), asking rent $2,418 (+2.6%). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,819 (+134%) since Jan 2020.
- 1 year
- Up $17,566 +3%
- $588,392$605,958 since Sep 2025
- 5 years
- Up $144,979 +31%
- $460,979$605,958 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Bloomfield$3,181
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Bloomfield, NJ rose 3.0% over the past year — faster than the nation's +1.2%.
Asking rents in Bloomfield, NJ rose 2.6% over the past year — in step with the nation.
Owning the typical home in Bloomfield runs $2,374/mo more than renting one — the widest that gap has been in this data.
That is $4,793 a month against $2,418 rent: a $3,181 mortgage payment, plus $964 property tax and $649 insurance & upkeep.
Owning vs renting — Bloomfield
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,793
- Renting$2,418
- Mortgage only$3,181
Property tax · $964/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Essex County, NJ
Insurance & upkeep · $649/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Bloomfield, Essex County, New Jersey
Bloomfield is a township of 53,105 people in Essex County. Half its households earn more than $103,604 a year and half less, against $80,789 across Essex County; 9% of its people live below the poverty line. 51% of its homes are lived in by their owners and 49% are rented. Unemployment in Essex County was 5.7% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Bloomfield is a township in Essex County, with a population that skews somewhat younger than many older suburbs. Household incomes run higher than across the county as a whole, though a fair number of residents still live below the poverty line. Homes are split fairly evenly between owners and renters, and about as many adults hold a four-year degree as not. Winters are cold and snowy, with January the coldest month, and summers are warm, with July the hottest. Precipitation is generous through the year.
Work. Many residents work in schools, hospitals and social care, with others in professional and business services, shops, and restaurants, hotels and entertainment. In Bloomfield itself, the largest workplaces include the Bloomfield Township School District, BAYADA Home Health Care and Bloomfield College. Commutes are on the long side, and a good number of people work from home.
Things to do. A short drive takes you to MetLife Stadium, a stadium used for big sporting events. A longer drive reaches the Statue of Liberty, a well-known tourist attraction, and the Metropolitan Museum of Art, one of the best known museums in the country.
Report a mistake
- 21,226households
- 49%of adults have a degree
- 9%below the poverty line
- 32 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Essex County had 353,038 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 25°; warmest in July, with highs near 87° and lows near 69°. About 28 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Harrison weather station, 5 miles away (NOAA).
Largest workplaces in Bloomfield
- Bloomfield Township School DistrictSchool district1,027FTE
- BAYADA Home Health CareHome health care386
- GLB Shop AssociatesGrocery stores322
- Bloomfield CollegeUniversity or college269
- Stop & ShopGrocery stores170
- Facsimile Communications/dba Atlantic Tomorrows OfficeComputer systems facilities management and operation services82
- Universal Technical Institute-BloomfieldTwo-year college55
- Eastern School of Acupuncture and Traditional MedicineUniversity or college35
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 7 workplaces with 20 or more staff, 1,032 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windVery high
- Winter weatherVery high
- Heat wavesRelatively high
- Inland floodingRelatively high
- Cold wavesRelatively high
- TornadoesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Essex County, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Essex County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Bloomfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Bloomfield$605,958
- New Jersey$575,123
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 9 Bloomfield listings, and the typical home goes pending in 22 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Bloomfield11.54%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Bloomfield22
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Bloomfield85
New listings per month
Sellers arriving at the market.
- Bloomfield34
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Bloomfield$585,956
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Bloomfield112.26%
Zip codes with a Bloomfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bloomfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.