Essex Fells at a glance
- Population: roughly 2,138 people; 257th of 323 places in New Jersey (Census Vintage 2023 subcounty estimate).
- 2020 Census base: 2,241 residents at the 2020 Census (US Census Bureau, 2020 count).
- 2020 to 2023 change: roughly 4.6% fewer residents than at the 2020 Census (US Census Bureau).
- Rank among New Jersey places: 257th largest of 323 (US Census Bureau).
- Size percentile: it is larger than about 20% of the places in New Jersey (US Census Bureau).
- Coordinates: 40.8281, -74.2762 (Census Gazetteer, US Census Bureau).
- Nearest larger cities within 120 miles: Caldwell, NJ (1 mi); Roseland, NJ (2 mi); North Caldwell, NJ (3 mi); Glen Ridge, NJ (4 mi); East Orange, NJ (6 mi) (US Census Bureau).
- Smaller places nearby: Teterboro, NJ (11 mi); Victory Gardens, NJ (14 mi); Far Hills, NJ (20 mi), per US Census Bureau estimates.
What a personal loan costs in Essex Fells
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
The offer you receive reflects the lender's read of your credit, income and debts, and the term controls the balance between payment size and total interest.
Work out the payment you can comfortably carry each month first, then borrow no more than that figure supports.
New Jersey lending rules that apply in Essex Fells
Where a figure is not published by the state, the row points to the source instead of guessing.
| Rule | Detail | Source |
|---|---|---|
| Criminal usury limits | 30% for non-corporate borrowers; 50% for corporations Source says: "the criminal usury limitation is 50 percent for corporations and 30 percent for non-corporate borrowers" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | Civil usury: rates above 6% (agreement not in writing) or above 16% (written contract specifying the rate) Source says: "the civil usury rate is any interest rate greater than 6 percent for an agreement that is not in writing" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
| Payday lending status | Unlicensed payday lending violates New Jersey's civil and criminal usury rates; payday lenders must be licensed Source says: "out-of-state or foreign entities that have not obtained the required New Jersey license and whose payment terms violate New Jersey's civil and criminal usury rates" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer lender license required for loans of $50,000 or less for personal, family, or household purposes (N.J.S.A. 17:11C-1 et seq.) Source says: "A consumer lender license is required for the making of a loan that is to be used primarily for personal, family or household purposes" | New Jersey Department of Banking and Insurance as of 2026-09-16 |
| State lending regulator | New Jersey Department of Banking and Insurance (DOBI); Office of Consumer Finance supervises consumer lenders Source says: "The Office of Consumer Finance regulates 16 types of businesses that provide a variety of consumer financial services." | New Jersey Department of Banking and Insurance as of 2026-09-16 |
How to compare offers in Essex Fells
The steps below are worth completing first when you borrow in Essex Fells:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in New Jersey using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.