UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  FORM 10-QSB

(Mark One)

   X      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
-------   EXCHANGE ACT OF 1934

For the quarterly period ended             June 30, 2000
                                ----------------------------------

                                       OR

          TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
-------   EXCHANGE ACT OF 1934

For the transition period from                 to
                               ---------------     ---------------


                  Commission File Number     0-29770
                                             -------


                            WEST ESSEX BANCORP, INC.
-------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


      UNITED STATES                                       22-3597632
-------------------------------------------------------------------------------
(State or other jurisdiction of                        (I.R.S. Employer
 incorporation or organization)                      Identification Number)


417 Bloomfield Avenue, Caldwell, New Jersey                 07006
-------------------------------------------------------------------------------
(Address of principal executive offices)                  (Zip Code)


Issuer's telephone number, including area code           973-226-7911
                                               --------------------------------

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date:

4,034,074 shares of common stock, par value $0.01 par share, were outstanding as
of July 31, 2000.

Transitional Small Business Disclosure Format (check one): Yes        No   X
                                                               -----     -----

<PAGE>

                            WEST ESSEX BANCORP, INC.

                                   FORM 10-QSB

                       For the Quarter Ended June 30, 2000

                                      INDEX
<TABLE>
<CAPTION>
                                                                               Page
                                                                              Number
                                                                           ------------

<S>         <C>                                                                <C>
PART I      FINANCIAL INFORMATION

  Item 1.   Financial Statements                                                1

              Consolidated Statements of Financial Condition at
              June 30, 2000 and December 31, 1999 (Unaudited)                   2

              Consolidated Statements of Income for the Three and
              Six Months Ended June 30, 2000 and 1999 (Unaudited)               3

              Consolidated Statements of Comprehensive Income for the
              Three and Six Months Ended June 30, 2000 and 1999 (Unaudited)     4

              Consolidated Statements of Cash Flows for the
              Six Months Ended June 30, 2000 and 1999 (Unaudited)              5-6

              Notes to Consolidated Financial Statements                        7

  Item 2.   Management's Discussion and Analysis or Plan
             of Operations                                                     8-16

PART II     OTHER INFORMATION

  Item 1.   Legal Proceedings                                                   17
  Item 2.   Changes in Securities                                               17
  Item 3.   Defaults Upon Senior Securities                                     17
  Item 4.   Submission of Matters to a Vote of Security Holders                 17
  Item 5.   Other Information                                                   17
  Item 6.   Exhibits and Reports on Form 8-K                                    17

SIGNATURES                                                                      18
</TABLE>

<PAGE>

                            WEST ESSEX BANCORP, INC.
                          PART I. FINANCIAL INFORMATION
                                  June 30, 2000
                  ---------------------------------------------


ITEM 1. FINANCIAL STATEMENTS

Certain information and footnote disclosures required under generally accepted
accounting principles have been condensed or omitted from the following
consolidated financial statements pursuant to the rules and regulations of the
Securities and Exchange Commission. West Essex Bancorp, Inc. (the "Registrant"
or the "Company") believes that the disclosures presented are adequate to assure
that the information presented is not misleading in any material respect. It is
suggested that the following consolidated financial statements be read in
conjunction with the year-end consolidated financial statements and notes
thereto included in the Registrant's Annual Report on Form 10-K for the year
ended December 31, 1999.

The results of operations for the three and six month periods ended June 30,
2000, are not necessarily indicative of the results to be expected for the
entire fiscal year.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                 CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION
                 ----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                  June 30,             December 31,
                                                                                    2000                   1999
                                                                             --------------------   --------------------
Assets
------
<S>                                                                             <C>                   <C>
Cash and amounts due from depository institutions                               $   1,428,882         $   5,728,992
Interest-bearing deposits in other banks                                            3,080,616             7,016,853
                                                                                 -------------         -------------
       Total cash and cash equivalents                                              4,509,498            12,745,845

Securities available for sale                                                       2,916,560             2,923,750
Investment securities held to maturity                                             41,727,696            41,582,003
Mortgage-backed securities held to maturity                                       122,455,755           121,223,315
Loans receivable                                                                  164,541,814           153,276,187
Real estate owned                                                                     870,409               899,738
Premises and equipment                                                              2,690,020             2,737,456
Federal Home Loan Bank of New York stock                                            3,558,400             3,272,700
Accrued interest receivable                                                         2,132,373             2,005,563
Excess of cost over assets acquired                                                 4,346,964             4,643,348
Other assets                                                                        3,234,433             2,996,932
                                                                                 -------------         -------------
       Total assets                                                             $ 352,983,922         $ 348,306,837
                                                                                 =============         =============

Liabilities and Stockholders' Equity
------------------------------------
Liabilities

Deposits                                                                        $ 235,410,999         $ 234,977,812
Borrowed money                                                                     67,050,553            64,340,115
Advance payments by borrowers for taxes and insurance                               1,132,316             1,044,140
Other liabilities                                                                     953,666               834,824
                                                                                 -------------         -------------
       Total liabilities                                                          304,547,534           301,196,891
                                                                                 -------------         -------------

Stockholders' Equity

Preferred stock (par value $.01), 1,000,000 shares
  authorized; no shares issued or outstanding                                              --                    --
Common stock (par value $.01), 9,000,000 shares authorized;
  shares issued 4,197,233; shares outstanding 4,034,074 (2000)
  and 4,054,357 (1999)                                                                 41,972                41,972
Additional paid-in capital                                                         17,324,919            17,332,133
Retained earnings - substantially restricted                                       34,441,937            33,054,528
Common stock acquired by Employee Stock Ownership
  Plan ("ESOP")                                                                    (1,105,195)           (1,178,874)
Unearned Incentive Plan stock                                                        (593,107)             (655,549)
Treasury stock, at cost; 163,159 shares (2000) and
  142,876 shares (1999)                                                            (1,621,533)           (1,436,550)
Accumulated other comprehensive loss - Unrealized
  loss on securities available for sale, net of income taxes                          (52,605)              (47,714)
                                                                                 -------------         -------------
       Total stockholders' equity                                                  48,436,388            47,109,946
                                                                                 -------------         -------------
       Total liabilities and stockholders' equity                               $ 352,983,922         $ 348,306,837
                                                                                 =============         =============
</TABLE>

See notes to consolidated financial statements.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                        CONSOLIDATED STATEMENTS OF INCOME
         --------------------------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                           Three Months Ended June 30,               Six Months Ended June 30,
                                                       ----------------------------------       ----------------------------------
                                                           2000                  1999               2000                  1999
                                                       ------------          ------------       ------------          ------------

<S>                                                    <C>                   <C>                 <C>                  <C>
Interest income:
     Loans                                             $ 3,066,429           $ 2,703,672         $ 5,982,959          $ 5,514,759
     Mortgage-backed securities                          2,106,444             2,016,636           4,154,338            3,800,926
     Investment securities                                 766,660               833,127           1,530,440            1,604,722
     Other interest-earning assets                          88,443               157,227             212,232              349,586
                                                       ------------          ------------        ------------         ------------

             Total interest income                       6,027,976             5,710,662          11,879,969           11,269,993
                                                       ------------          ------------        ------------         ------------

Interest expense:
     Deposits                                            2,264,353             2,152,753           4,403,603            4,324,253
     Borrowed money                                        981,702               851,409           1,909,141            1,504,752
                                                       ------------          ------------        ------------         ------------

             Total interest expense                      3,246,055             3,004,162           6,312,744            5,829,005
                                                       ------------          ------------        ------------         ------------

Net interest income                                      2,781,921             2,706,500           5,567,225            5,440,988
Provision for loan losses                                       -                     -                   -                    -
                                                       ------------          ------------        ------------         ------------
Net interest income after provision for loan losses      2,781,921             2,706,500           5,567,225            5,440,988
                                                       ------------          ------------        ------------         ------------

Non-interest income:
     Fees and service charges                              103,213                91,131             191,771              184,756
     Gain on sale of securities available for sale              -                 34,515                  -                34,515
     Other                                                  35,510                48,022              94,000              111,171
                                                       ------------          ------------        ------------         ------------

             Total non-interest income                     138,723               173,668             285,771              330,442
                                                       ------------          ------------        ------------         ------------

Non-interest expenses:
     Salaries and employee benefits                        832,784               768,550           1,660,309            1,590,295
     Net occupancy expense of premises                      81,858                77,888             181,392              180,551
     Equipment                                             182,362               159,479             352,905              328,023
     (Gain) loss on real estate owned                      (58,531)               10,899            (166,770)              18,655
     Amortization of intangibles                           148,192               148,192             296,384              296,384
     Miscellaneous                                         459,597               572,404             877,179            1,039,460
                                                       ------------          ------------        ------------         ------------

             Total non-interest expenses                 1,646,262             1,737,412           3,201,399            3,453,368
                                                       ------------          ------------        ------------         ------------

Income before income taxes                               1,274,382             1,142,756           2,651,597            2,318,062
Income taxes                                               453,581               409,063             950,860              832,790
                                                       ------------          ------------        ------------         ------------

Net income                                             $   820,801           $   733,693         $ 1,700,737          $ 1,485,272
                                                       ============          ============        ============         ============

Net income per common share - basic and diluted        $      0.21           $      0.18         $      0.44          $      0.37
                                                       ============          ============        ============         ============

Dividends declared per common share                    $      0.10           $     0.075         $      0.20          $      0.15
                                                       ============          ============        ============         ============

Weighted average number of common shares
  outstanding - basic and diluted                        3,858,743             4,069,783           3,858,886            4,067,936
                                                       ============          ============        ============         ============
</TABLE>

See notes to consolidated financial statements.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
                 -----------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                  Three Months Ended June 30,         Six Months Ended June 30,
                                                               ---------------------------------   -------------------------------
                                                                    2000              1999              2000              1999
                                                               --------------    ---------------   --------------    -------------

<S>                                                             <C>               <C>               <C>               <C>
Net income                                                      $   820,801       $    733,693      $  1,700,737      $ 1,485,272
                                                               --------------    ---------------   --------------    -------------

Other comprehensive income -
  Unrealized holding (losses) on securities available
       for sale, net of income taxes of $2,245, $54,915,
        $2,748 and $94,278, respectively                             (3,995)           (97,711)           (4,891)        (167,750)

  Reclassification adjustment for realized gains on
       securities available for sale, net of income
       taxes of $12,418 in 1999                                          -             (22,096)               -           (22,096)
                                                               --------------    ---------------   --------------    -------------

Total other comprehensive income                                     (3,995)          (119,807)           (4,891)        (189,846)
                                                               --------------    ---------------   --------------    -------------

Comprehensive income                                            $   816,806       $    613,886      $  1,695,846      $ 1,295,426
                                                               ==============    ===============   ==============    =============
</TABLE>

See notes to consolidated financial statements.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
        ----------------------------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                                       Six Months Ended June 30,
                                                                                    ------------------------------
                                                                                      2000                  1999
                                                                                    --------              --------

 <S>                                                                               <C>                  <C>
Cash flows from operating activities:
  Net income                                                                      $ 1,700,737          $  1,485,272
  Adjustments to reconcile net income
  to net cash provided by operating activities:
    Depreciation and amortization of premises and equipment                           129,776               119,116
    Net accretion of premiums, discounts and deferred loan fees                      (199,378)              (64,228)
    Amortization of intangibles                                                       296,384               296,384
    (Gain) on sale of securities available for sale                                        -                (34,515)
    (Gain) on sale of real estate owned                                              (195,461)                   -
    (Increase) in accrued interest receivable                                        (126,810)              (92,683)
    (Increase) in other assets                                                       (234,753)              (70,824)
    Increase in interest payable                                                       53,272                24,503
    Increase in other liabilities                                                     113,210               101,221
    Amortization of Incentive Plan cost                                                62,442                    -
    ESOP shares committed to be released                                               67,275                68,998
                                                                                  ------------         -------------
       Net cash provided by operating activities                                    1,666,694             1,833,244
                                                                                  ------------         -------------
Cash flows from investing activities:
  Proceeds from sales of securities available for sale                                     -              5,021,875
  Proceeds from maturities and calls of investment securities held to maturity             -             13,000,000
  Purchases of investment securities held to maturity                                      -            (19,344,969)
  Principal repayments on mortgage-backed securities held to maturity              11,148,681            21,194,105
  Purchases of mortgage-backed securities held to maturity                        (12,337,689)          (36,245,370)
  Purchase of loans receivable                                                     (3,249,507)             (831,426)
  Net (increase) in loans receivable                                               (8,171,585)           (9,804,755)
  Proceeds from sales of real estate owned                                            390,059                    -
  Additions to premises and equipment                                                 (82,340)              (11,683)
  Purchase of Federal Home Loan Bank of New York stock                               (285,700)             (571,700)
                                                                                  ------------         -------------
       Net cash (used in) investing activities                                    (12,588,081)          (27,593,923)
                                                                                  ------------         -------------
Cash flows from financing activities:
  Net increase (decrease) in deposits                                                 398,154            (2,365,650)
  Net change in short-term borrowed money                                           7,000,000             9,000,000
  Proceeds of long-term borrowed money                                                     -             15,000,000
  Repayment of long-term borrowed money                                            (4,289,562)           (5,000,181)
  Net increase in advance payments by borrowers for taxes and insurance                88,176               112,237
  Purchases of treasury stock                                                        (198,400)                   -
  Cash dividends paid                                                                (313,328)             (277,067)
                                                                                  ------------         -------------
       Net cash provided by financing activities                                    2,685,040            16,469,339
                                                                                  ------------         -------------

Net (decrease) in cash and cash equivalents                                        (8,236,347)           (9,291,340)
Cash and cash equivalents - beginning                                              12,745,845            16,371,431
                                                                                  ------------         -------------
Cash and cash equivalents - ending                                                $ 4,509,498          $  7,080,091
                                                                                  ============         =============
</TABLE>

See notes to consolidated financial statements.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
        ----------------------------------------------------------------
                                   (Unaudited)

<TABLE>
<CAPTION>
                                                                   Six Months Ended June 30,
                                                             -------------------------------------
                                                                   2000                 1999
                                                             -----------------    ----------------

<S>                                                            <C>                   <C>
Supplemental disclosure of cash flow information:
  Cash paid during the year for:
      Income taxes                                             $ 1,085,980           $   773,400
                                                               ============          ============

      Interest                                                 $ 6,259,472           $ 5,804,502
                                                               ============          ============

Supplemental schedule of noncash investing activities:
  Unrealized (loss) on securities
      available or sale, net of income taxes                   $    (4,891)          $  (189,846)
                                                               ============          ============

  Loans receivable transferred to real estate owned            $   165,269           $   192,063
                                                               ============          ============

  Issuance of treasury stock to fund Supplemental Employee
    Retirement Plan                                            $    12,607           $        -
                                                               ============          ============
</TABLE>


See notes to consolidated financial statements.

<PAGE>

                    WEST ESSEX BANCORP, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                   ------------------------------------------

1. PRINCIPLES OF CONSOLIDATION
------------------------------

The consolidated financial statements include the accounts of West Essex
Bancorp, Inc. (the "Company"), the Company's wholly owned subsidiary, West Essex
Bank (the "Bank") and the Bank's wholly owned subsidiary, West Essex Insurance
Agency, Inc. The Company's business is conducted principally through the Bank.
All significant intercompany accounts and transactions have been eliminated in
consolidation.

2.   BASIS OF PRESENTATION
--------------------------

The accompanying unaudited consolidated financial statements were prepared in
accordance with instructions for Form 10-QSB and regulations S-X and do not
include information or footnotes necessary for a complete presentation of
financial condition, results of operations, and cash flows in conformity with
generally accepted accounting principles. However, in the opinion of management,
all adjustments (consisting of normal recurring adjustments) necessary for a
fair presentation of the consolidated financial statements have been included.
The results of operations for the three and six months ended June 30, 2000 are
not necessarily indicative of the results which may be expected for the entire
fiscal year.

3.    STOCKHOLDERS' EQUITY
--------------------------

At June 30, 2000, West Essex Bancorp, M.H.C. ("MHC"), a mutual holding company,
owns 2,340,121 shares of Company common stock, representing 58.3% of all Company
common stock outstanding. During both 2000 and 1999, MHC waived its right to
receive cash dividends on the shares of Company common stock it owns. The amount
of such waived dividends was approximately $235,000 and $176,000 during the
three months ended June 30, 2000 and 1999, respectively, and $470,000 and
$353,000 during the six months ended June 30, 2000 and 1999, respectively.

4.   NET INCOME PER COMMON SHARE
--------------------------------

Basic net income per common share is calculated by dividing net income by the
weighted average number of shares of common stock outstanding, adjusted for the
unallocated portion of shares held by the ESOP in accordance with the American
Institute of Certified Public Accountants' Statement of Position 93-6. Diluted
net income per share is calculated by adjusting the weighted average number of
shares of common stock outstanding to include the effect of unallocated ESOP
shares, unearned Incentive Plan shares and stock options, if dilutive, using the
treasury stock method. As of and for the three and six month periods ended June
30, 2000 and 1999, none of the potentially dilutive securities were included in
the computation of diluted net income per share as they were anti-dilutive.

<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
         ---------------------------------------------------------

Forward-Looking Statements

     This report contains certain forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"),
and Section 21F of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). The Company intends such forward-looking statements to be
covered by the safe harbor provisions for forward-looking statements contained
in the Private Securities Reform Act of 1995, and is including this statement
for purposes of these safe harbor provisions. Forward-looking statements, which
are based on certain assumptions and describe future plans, strategies and
expectations of the Company, are generally identified by use of the words
"believe," "expect," "intend," "anticipate," "estimate," "project," or similar
expressions. The Company's ability to predict results or the actual effect of
future plans or strategies is inherently uncertain. Factors which could have a
material adverse effect on the operations of the Company and its subsidiaries
include, but are not limited to, changes in interest rates, general economic
conditions, legislative/regulatory changes, monetary and fiscal polices of the
U.S. Government, including policies of the U.S. Treasury and the Federal Reserve
Board, the quality or composition of the loan or investment portfolios, demand
for loan products, deposit flows, competition, demand for financial services in
the Company's market area and accounting principles and guidelines. These risks
and uncertainties should be considered in evaluating forward-looking statements
and undue reliance should not be placed on such statements. Further information
concerning the Company and its business, including additional factors that could
materially affect the Company's financial results, is included in the Company's
filings with the Securities and Exchange Commission (the "SEC").

     The Company does not undertake - and specifically disclaims any obligation
- to publicly release the results of any revisions which may be made to any
forward-looking statements to reflect events or circumstances after the date of
such statements or to reflect the occurrence of anticipated or unanticipated
events.

Management's Discussion and Analysis or Plan of Operation

General

     The Company is the federally chartered stock holding company for West Essex
Bank, a federally chartered stock savings bank. The Company, the Bank and West
Essex Bancorp, M.H.C., a mutual holding company and majority owner of the
Company, are regulated by the Office of Thrift Supervision (the "OTS"). The
Company's and the Bank's results of operations are dependent primarily on net
interest income, which is the difference between the income earned on
interest-earning assets, primarily the loan and investment portfolios, and the
cost of funds, consisting of interest paid on deposits and borrowings. Results
of operations are also affected by the provision for loan losses and
non-interest expense. Non-interest expense principally consists of salaries and
employee benefits, office occupancy and equipment expense, amortization of
intangibles, advertising, federal deposit insurance premiums, expenses of real
estate owned and other expenses. Results of operations are also significantly
affected by general economic and competitive conditions, particularly changes in
interest rates, government policies and actions of regulatory authorities.

<PAGE>

Management Strategy

     The Company's current strategic plan is to maintain profitability and its
well-capitalized position to take advantage of future expansion or growth
opportunities, while managing growth, maintaining asset quality, controlling
expenses and reducing exposure to credit and interest rate risk. Management
seeks to accomplish these goals by: (1) emphasizing its retail banking services
through its network of branch offices, which includes the origination of
one-to-four family mortgage loans, as well as commercial real estate, home
equity, multi-family, construction and development and consumer loans, in the
communities it serves as market conditions permit; (2) enhancing earnings and
offsetting the effects of the extreme competition for real estate loans in the
Bank's market area primarily through the purchase of adjustable-rate
mortgage-backed securities, which provide a source of liquidity, low credit risk
and low administrative cost as well as helping to manage interest rate risk; and
(3) continuing to monitor interest rate risk. Management has aggressively sought
to increase loan originations in recent years and was successful in increasing
loans receivable, net, from $82.1 million at December 31, 1996 to $140.3
million, $153.3 million and $164.5 million at December 31, 1998, December 31,
1999 and June 30, 2000, respectively. Management was successful in increasing
loan originations primarily by increasing the amount of advertising the Bank
does in its primary market area, paying fees to mortgage brokers who send loan
applicants to the Bank to whom the Bank originates loans and providing cash
incentives to its mortgage origination and retail staff to increase loan
originations. Competition, however, has remained intense in the Bank's market
area, which has resulted in the Company's total securities portfolio
representing a greater percentage of total assets than its loan portfolio in
each of the last five years. Management believes that continuing to seek lending
opportunities, as well as investing in mortgage-backed securities, the majority
of which are adjustable-rate, enables the Company to effectively control its
interest rate risk while at the same time enabling it to maintain a balance of
high quality, diversified investments, provide collateral for short and
long-term borrowings and lessen exposure to credit risk.

Comparison of Financial Condition at June 30, 2000 and December 31, 1999

     Total assets were $353.0 million at June 30, 2000, compared to $348.3
million at December 31, 1999, an increase of $4.7 million, or 1.3%. The increase
in assets was funded primarily by net income of $1.7 million and an increase in
Federal Home Loan Bank of New York ("FHLB") borrowings of $2.7 million.

     Cash and cash equivalents, primarily interest-bearing deposits with the
FHLB, decreased $8.2 million to $4.5 million at June 30, 2000 from $12.7 million
at December 31, 1999. The decrease in cash and cash equivalents was used
primarily to fund loan purchases and originations.

     In the aggregate, mortgage-backed securities and investment securities,
including available-for-sale and held to maturity issues, totalled $167.1
million at June 30, 2000, an increase of $1.4 million, or 0.8%, from $165.7
million at December 31, 1999. Mortgage-backed securities, all of which are held
to maturity, increased $1.2 million due to purchases exceeding repayments.
Investment securities held to maturity and securities available for sale
reflected only marginal changes.

     Loans receivable increased by $11.2 million, or 7.3%, to $164.5 million at
June 30, 2000 from $153.3 million at December 31, 1999. Such increase was funded
by the aforementioned decrease in cash and cash equivalents and by a $2.7
million increase in borrowings.

<PAGE>

     Deposits totalled $235.4 million at June 30, 2000, an increase of $433,000,
or 0.2%, over the $235.0 million balance at December 31, 1999.

     Borrowed money increased $2.71 million, or 4.2%, to $67.05 million at June
30, 2000, as compared to $64.34 million at December 31, 1999. During the six
months ended June 30, 2000, long-term debt of $4.3 million was repaid and
short-term borrowings were increased by $7.0 million.

     Stockholders' equity increased $1.3 million, or 2.8%, to $48.4 million,
primarily due to the retention of net income.

Comparison of Operating Results for the Three Months Ended June 30, 2000 and
1999

     Net Income. Net income increased $87,000, or 11.9%, to $821,000 for the
three months ended June 30, 2000 compared with $734,000 for the same 1999
period. The increase in net income during the 2000 period resulted primarily
from a $75,000 increase in net interest income and a $91,000 decrease in
non-interest expenses, which were partially offset by a decrease in non-interest
income of $35,000 and an increase in income taxes of $44,000.

     Interest Income. Total interest income increased $317,000, or 5.6%, to $6.0
million for the three months ended June 30, 2000 from $5.7 million for the same
1999 period. The increase was the result of a $6.0 million, or 1.8%, increase in
average interest-earning assets between the periods, along with a 25 basis point
increase in yield. The increase in the average balance was the result of loan
originations during the past twelve months funded by increased borrowed money.
The increase in yield was the result of higher rates obtained on securities
purchased and loans originated since December 31, 1999.

     Interest income on loans increased by $363,000 or 13.4% to $3.1 million
during the three months ended June 30, 2000 when compared with $2.7 million for
the same 1999 period. The increase during the 2000 period resulted from an
increase of $15.7 million, or 10.7%, in the average balance of loans
outstanding, along with an 18 basis point increase to 7.52% in the yield earned
on the loan portfolio. The increased average balance was the result of strong
lending volume. The increased yield is the result of higher rates obtained on
originations as well as upward interest rate adjustments on the Bank's
adjustable-rate mortgage loans.

     Interest on mortgage-backed securities, all of which are held-to-maturity,
increased $89,000 or 4.4%, to $2.1 million during the three months ended June
30, 2000 when compared with $2.0 million for the same 1999 period. The increase
during the 2000 period resulted from increases of $2.1 million, or 1.7%, in the
average balance of mortgage-backed securities and 17 basis points, to 6.75%, in
yield. The increased average balance is the result of purchases of
mortgage-backed securities exceeding repayments. The increased yield is the
result of higher rates obtained on securities purchased.

     Interest earned on investment securities, including both available-for-sale
and held-to-maturity issues, decreased by $66,000, or 7.9%, to $767,000 during
the three months ended June 30, 2000, when compared to $833,000 during the same
1999 period, primarily due to a decrease of $6.3 million, or 12.4%, in the
average balance of such assets, which more than offset a 34 basis point increase
to 6.88% in the yield earned. The decrease in average balance was the result of
maturities of securities exceeding purchases thereof. The increase in yield was
the result of the higher rates available on securities purchased.

<PAGE>

     Interest on other interest-earning assets decreased $69,000, or 43.9%, to
$88,000 during the three months ended June 30, 2000 as compared to $157,000 for
the same 1999 period. The decrease was due to a decrease of $5.5 million, or
47.1%, in the average balances of such assets, partially offset by an increase
of 31 basis points, to 5.68%, in yield.

     Interest Expense. Interest expense on deposits increased $112,000, or
11.5%, to $2.27 million during the three months ended June 30, 2000 when
compared to $2.15 million during the same 1999 period. Such increase was
primarily attributable to an increase of 27 basis points, to 4.14%, in the cost
of interest-bearing deposits, partially offset by a $3.7 million, or 1.7%,
decrease in the average balance thereof. The increase in cost is due to higher
interest rates paid on certificates of deposits, which averaged 5.35% for the
three months ended June 30, 2000 as compared to 5.00% for the same 1999 period.
The average cost of non-certificate deposits was 1.85% for the three months
ended June 30, 2000 as compared to 1.87% for the same prior year period.

     Interest expense on borrowed money increased by $130,000, or 15.3%, to
$981,000 during the three months ended June 30, 2000 when compared with $851,000
during the same 1999 period, primarily due to an increase of $7.5 million, or
12.6%, in the average balance of borrowings outstanding from the FHLB, along
with a 13 basis point increase to 5.85% in the cost of borrowed money. During
the three months ended June 30, 2000, the Bank repaid $947,000 in long-term
borrowings having an average interest rate of 6.60%. Short-term borrowings
totalled $13.0 million at June 30, 2000 and had an average interest rate of
6.44% as compared to $11.0 million at March 31, 2000, at an average rate of
6.03%.

     Net Interest Income. Net interest income increased $75,000, or 2.8%, during
the three months ended June 30, 2000, when compared with the same 1999 period.
Such increase was due to an increase in total interest income of $317,000,
partially offset by an increase in total interest expense of $242,000. The net
interest rate spread decreased to 2.58% in 2000 from 2.61% in 1999. The decrease
in the interest rate spread resulted from an increase of 28 basis points in the
cost of interest-bearing liabilities, which more than offset a 25 basis point
increase in the yield on interest-earning assets. Net interest income improved
despite the decline in spread due to the additional income generated by a $6.0
million increase in average interest-earning assets, which more than offset the
additional cost incurred by a $3.8 million increase in average interest-bearing
liabilities.

     Provision for Loan Losses. During the three months ended June 30, 2000 and
1999, the Bank did not record a provision for loan losses as the existing
balance of the allowance for loan losses was considered adequate. There were no
loan charge-offs or recoveries during the three months ended June 30, 2000.
During the three months ended June 30, 1999, there was a $316,000 charge-off
related to the final resolution of a $694,000 construction loan and no loan
recoveries. The allowance for loan losses is based on management's evaluation of
the risk inherent in its loan portfolio and gives due consideration to the
changes in general market conditions and in the nature and volume of the Bank's
loan activity. The Bank intends to continue to provide for loan losses based on
its periodic review of the loan portfolio and general market conditions. At June
30, 2000 and 1999, loans delinquent ninety days or more totalled $142,000 and
$847,000, respectively, representing 0.08% and 0.55%, respectively, of total
loans. At June 30, 2000, the allowance for loan losses stood at $1.37 million,
representing 0.81% of total loans and 959.0% of loans delinquent ninety days or
more. At December 31, 1999, the allowance for loan losses stood at $1.40
million, representing 0.90% of total loans and 176.8% of loans delinquent ninety
days or more. At June 30, 1999, the allowance for loan losses stood at $1.40
million, representing 0.92% of total loans and 165.4% of loans delinquent ninety
days or more. The Bank monitors its loan portfolio on a continuing basis and
intends to continue to provide for loan losses based on its ongoing review of
the loan portfolio and general market conditions.

<PAGE>

     The Bank has established a standardized process to assess the adequacy of
the allowance for loan losses and to identify the risks inherent in the loan
portfolio. The process incorporates credit reviews and gives consideration to
areas of exposure such as concentrations of credit, local economic conditions,
trends in delinquencies, collateral coverage, the composition of the performing
and non-performing loan portfolios, and other risks inherent in the loan
portfolio.

     Specific allocations of the allowance for loan losses are identified by
individual loan based upon a detailed credit review of each such loan. General
loan loss allowances are allocated to pools of loans categorized by type and
assigned allowance percentages which take into effect past charge-off history,
industry averages and current trends and risks. Finally, an unallocated portion
of the allowance is maintained to account for the general inherent risk in the
loan portfolio, known circumstances which are not addressed in the allocated
portion of the allowance (such as the increased dependence on outside mortgage
brokers for originations), and the necessary imprecision in the determination of
the allocation portion of the allowance.

     Management believes that, based on information currently available, the
allowance for loan losses is sufficient to cover losses inherent in the loan
portfolio at this time. However, no assurance can be given that the level of the
allowance for loan losses will be sufficient to cover future possible loan
losses or that future adjustments to the allowance for loan losses will not be
necessary if economic and other conditions differ substantially from the
economic and other conditions considered by management to determine the current
level of the allowance for loan losses. Management may in the future increase
the level of the allowance for loan losses as a percentage of total loans and
non-performing loans in the event it increases the level of commercial real
estate, multifamily, or consumer lending as a percentage of the total loan
portfolio. In addition, various regulatory agencies, as an integral part of
their examination process, periodically review the allowance for loan losses.
Such agencies may require the Bank to provide additions to the allowance based
upon judgments different from those of management.

     The allowance for loan losses includes specific, general and unallocated
allowances of $23,000, $986,000 and $356,000, respectively, at June 30, 2000, as
compared to $ -0- , $941,000 and $424,000, respectively, at March 31, 2000. The
general allowance has increased 4.8% since the prior quarter end due to a 5.0%
increase in total loans.

     Non-Interest Income. Non-interest income decreased $35,000, or 20.1%, to
$139,000 during the three months ended June 30, 2000 from $174,000 during the
same 1999 period. The 1999 amount includes a $35,000 gain on the sale of a
security available for sale.

     Non-Interest Expenses. Non-interest expenses decreased by $89,000, or 5.1%,
to $1.65 million during the three months ended June 30, 2000 when compared with
$1.74 million during the same 1999 period. The primary components of the period
decrease were a $69,000 improvement in results related to real estate owned and
a $113,000 decrease in miscellaneous non-interest expenses, partially offset by
a $64,000 increase in salaries and employee benefits. The improved real estate
owned results were attributable to $64,000 in gains from property sales in the
current period as compared to no sales in the comparable prior year period.
Salaries and employee benefits, the largest component of non-interest expenses,
increased $64,000, or 8.3%, to $833,000 during the three months ended June 30,
2000 from $769,000 during the prior year quarter. Miscellaneous non-interest
expenses decreased $112,000, or 19.6%, to $460,000 during the three months ended
June 30, 2000 from $572,000 during the prior year quarter due primarily to three
factors: reduced Federal Deposit Insurance Corporation deposit insurance costs,
reduced expenditures related to advertising the Bank's products and the higher
level of a variety of costs during the prior year period as a result of the
Company being in its first full year as a public entity. All other elements of
non-interest expense remained little changed at $412,000 and $386,000 during the
three months ended June 30, 2000 and 1999, respectively.

<PAGE>

     Income Taxes. Income tax expense totalled $454,000, or 35.6% of income
before income taxes, during the three months ended June 30, 2000 as compared to
$409,000, or 35.8% of income before income taxes, during the comparable 1999
period.

Comparison of Operating Results for the Six Months Ended June 30, 2000 and 1999

     Net Income. Net income increased $216,000, or 14.5%, to $1.7 million for
the six months ended June 30, 2000 compared with $1.5 million for the same 1999
period. The increase in net income during the 2000 period resulted primarily
from a $126,000 increase in net interest income and a $252,000 decrease of
non-interest expenses, which were partially offset by a decrease in non-interest
income of $44,000 and an increase in income taxes of $118,000.

     Interest Income. Total interest income increased $610,000, or 5.4%, to
$11.9 million for the six months ended June 30, 2000 from $11.3 million for the
same 1999 period. The increase was the result of a $11.3 million, or 3.5%,
increase in average interest-earning assets between the periods, along with a 13
basis point increase in yield. The increase in the average balance was the
result of loan originations during the past twelve months funded by increased
borrowed money.

     Interest income on loans increased by $468,000, or 8.5%, to $6.0 million
during the six months ended June 30, 2000 when compared with $5.5 million for
the same 1999 period. The increase during the 2000 period resulted from an
increase of $15.1 million, or 10.4%, in the average balance of loans
outstanding, which was sufficient to offset a 13 basis point decrease to 7.48%
in the yield earned on the loan portfolio. The increased average balance was the
result of strong lending volume. The decreased yield is the result of lower
rates obtained on originations during the last half of 1999 as well as downward
interest rate adjustments on the Bank's adjustable-rate mortgage loans during
that period. As noted in the three month analysis, the trend in interest rates
reversed in the second quarter of 2000, with that quarter's yield exceeding that
of the prior year quarter for the first time in several years.

     Interest on mortgage-backed securities, all of which are held-to-maturity,
increased $353,000, or 9.3%, to $4.2 million during the six months ended June
30, 2000 when compared with $3.8 million for the same 1999 period. The increase
during the 2000 period resulted from increases of $6.6 million, or 5.6%, in the
average balance of mortgage-backed securities and 22 basis points, to 6.64%, in
yield. The increased average balance is the result of purchases of
mortgage-backed securities exceeding repayments. The increase in yield is the
result of higher interest rates obtained on securities purchased.

     Interest earned on investment securities, including both available-for-sale
and held-to-maturity issues, decreased by $74,000, or 4.6%, to $1.5 million
during the six months ended June 30, 2000, when compared to $1.6 million during
the same 1999 period, primarily due to a decrease of $3.9 million, or 8.0%, in
the average balance of such assets, which more than offset a 25 basis point
increase to 6.87% in the yield earned. The decrease in average balance was the
result of calls and maturities exceeding purchases of such securities. The
increase in yield was the result of the higher rates available on securities
purchased.

     Interest on other interest-earning assets decreased $138,000, or 39.4%, to
$212,000 during the six months ended June 30, 2000 as compared to $350,000 for
the same 1999 period. The decrease was due to a decrease of $6.5 million, or
48.2%, in the average balance of such assets, which was more than sufficient to
offset an 87 basis point increase in yield.

<PAGE>

     Interest Expense. Interest expense on deposits increased $80,000, or 1.9%,
to $4.4 million during the six months ended June 30, 2000 when compared to $4.3
million during the same 1999 period. Such increase was primarily attributable to
an increase of 13 basis points, to 4.01%, in the cost of interest-bearing
deposits, partially offset by a $3.2 million, or 1.4%, decrease in the average
balance thereof. The increase in cost is due to higher interest rates paid on
certificates of deposit, which averaged 5.19% for the six months ended June 30,
2000 as compared to 5.01% for the same 1999 period. The average cost of
non-certificate deposits was 1.84% for the six months ended June 30, 2000 as
compared to 1.90% for the same prior year period.

     Interest expense on borrowed money increased by $404,000, or 21.2%, to $1.9
million during the six months ended June 30, 2000 when compared with $1.5
million during the same 1999 period, primarily due to an increase of $12.4
million, or 23.0%, in the average balance of borrowings outstanding from the
FHLB, along with an 18 basis point increase to 5.78% in the cost of borrowed
money. During the six months ended June 30, 2000, the Bank repaid $4.3 million
in long-term borrowings having an average interest rate of 5.58%. At June 30,
2000 and December 31, 1999, short-term borrowings totalled $13.0 million and
$6.0 million, respectively, and carried an average rate of 6.44% and 5.80%,
respectively.

     Net Interest Income. Net interest income increased $126,000, or 2.3%,
during the six months ended June 30, 2000, when compared with the same 1999
period. Such increase was due to an increase in total interest income of
$610,000, partially offset by an increase in total interest expense of $484,000.
The net interest rate spread decreased to 2.64% in 2000 from 2.71% in 1999. The
decrease in the interest rate spread resulted from an increase of 20 basis
points in the cost of interest-bearing liabilities which more than offset a 13
basis point increase in the yield on interest-earning assets. Net interest
income improved despite the decline in spread due to the additional income
generated by an $11.3 million increase in average interest-earning assets, which
more than offset the additional cost incurred by a $9.1 million increase in
average interest-bearing liabilities.

     Provision for Loan Losses. During the six months ended June 30, 2000 and
1999, the Bank did not record a provision for loan losses as the existing
balance of the allowance for loan losses was considered adequate. During the six
months ended June 30, 2000 and 1999, charge-offs totalled $35,000 and $316,000,
respectively. The 1999 charge-off related to the final resolution of a $694,000
construction loan. There were no recoveries during the six months ended June 30,
2000 and 1999. The allowance for loan losses is based on management's evaluation
of the risk inherent in its loan portfolio and gives due consideration to the
changes in general market conditions and in the nature and volume of the Bank's
loan activity. The Bank intends to continue to provide for loan losses based on
its periodic review of the loan portfolio and general market conditions. At June
30, 2000 and 1999, loans delinquent ninety days or more totalled $142,000 and
$847,000, respectively, representing 0.08% and 0.55%, respectively, of total
loans. At June 30, 2000, the allowance for loan losses stood at $1.37 million,
representing 0.81% of total loans and 959.0 % of loans delinquent ninety days or
more. At December 31, 1999, the allowance for loan losses stood at $1.40
million, representing 0.90% of total loans and 176.8% of loans delinquent ninety
days or more. At June 30, 1999, the allowance for loan losses stood at $1.40
million, representing 0.92% of total loans and 165.4% of loans delinquent ninety
days or more. The Bank monitors its loan portfolio on a continuing basis and
intends to continue to provide for loan losses based on its ongoing review of
the loan portfolio and general market conditions.

<PAGE>

     The Bank has established a standardized process to assess the adequacy of
the allowance for loan losses and to identify the risks inherent in the loan
portfolio. The process incorporates credit reviews and gives consideration to
areas of exposure such as concentrations of credit, local economic conditions,
trends in delinquencies, collateral coverage, the composition of the performing
and non-performing loan portfolios, and other risks inherent in the loan
portfolio.

     Specific allocations of the allowance for loan losses are identified by
individual loan based upon a detailed credit review of each such loan. General
loan loss allowances are allocated to pools of loans categorized by type and
assigned allowance percentages which take into effect past charge-off history,
industry averages and current trends and risks. Finally, an unallocated portion
of the allowance is maintained to account for the general inherent risk in the
loan portfolio, known circumstances which are not addressed in the allocated
portion of the allowance (such as the increased dependence on outside mortgage
brokers for originations), and the necessary imprecision in the determination of
the allocation portion of the allowance.

     Management believes that, based on information currently available, the
allowance for loan losses is sufficient to cover losses inherent in the loan
portfolio at this time. However, no assurance can be given that the level of the
allowance for loan losses will be sufficient to cover future possible loan
losses or that future adjustments to the allowance for loan losses will not be
necessary if economic and other conditions differ substantially from the
economic and other conditions considered by management to determine the current
level of the allowance for loan losses. Management may in the future increase
the level of the allowance for loan losses as a percentage of total loans and
non-performing loans in the event it increases the level of commercial real
estate, multifamily, or consumer lending as a percentage of the total loan
portfolio. In addition, various regulatory agencies, as an integral part of
their examination process, periodically review the allowance for loan losses.
Such agencies may require the Bank to provide additions to the allowance based
upon judgments different from those of management.

     The allowance for loan losses includes specific, general and unallocated
allowances of $23,000, $986,000 and $356,000, respectively, at June 30, 2000, as
compared to $50,000, $878,000 and $472,000, respectively, at December 31, 1999.
The general allowance has increased 12.3% since December 31, 1999, due primarily
to an 8.3% increase in total loans.

     Non-Interest Income. Non-interest income decreased $44,000, or 13.3%, to
$286,000 during the six months ended June 30, 2000 from $330,000 during the same
1999 period. The 1999 amount includes a $35,000 gain on the sale of a security
available for sale.

     Non-Interest Expenses. Non-interest expenses decreased by $252,000, or
7.3%, to $3.20 million during the six months ended June 30, 2000 when compared
with $3.45 million during the same 1999 period. The primary components of the
period decrease were a $185,000 improvement in results related to real estate
owned and a $162,000 decrease in miscellaneous non-interest expenses, partially
offset by a $70,000 increase in salaries and employee benefits. The improved
real estate owned results were attributable to $195,000 in gains from property
sales in the current period as compared to no sales in the comparable prior year
period. Salaries and employee benefits, the largest component of non-interest
expenses, increased $70,000, or 4.4%, to $1.7 million during the six months
ended June 30, 2000 from $1.6 million during the prior year period.
Miscellaneous non-interest expenses decreased $162,000, or 15.6%, to $877,000
during the six months ended June 30, 2000, from $1.04 million during the
comparable prior year period, primarily due to three factors: reduced Federal
Deposit Insurance Corporation deposit insurance costs, reduced expenditures
related to advertising the Bank's products and the higher level of a variety of
costs during the prior year period as a result of the Company being in its first
full year as a public entity. All other elements of non-interest expense
remained little changed at $831,000 and $805,000 during the six months ended
June 30, 2000 and 1999, respectively.

<PAGE>

     Income Taxes. Income tax expense totalled $951,000, or 35.9% of income
before income taxes, during the six months ended June 30, 2000 as compared to
$833,000, or 35.9% of income before income taxes, during the comparable 1999
period.

Liquidity and Capital Resources

     The Company's and Bank's primary sources of funds on a long-term and
short-term basis are deposits, principal and interest payments on loans,
mortgage-backed and investment securities and FHLB borrowings. The Bank uses the
funds generated to support its lending and investment activities as well as any
other demands for liquidity such as deposit outflows. While maturities and
scheduled amortization of loans are predictable sources of funds, deposit flows,
mortgage prepayments and the exercise of call features on debt securities are
greatly influenced by general interest rates, economic conditions and
competition. The Bank has continued to maintain the required levels of liquid
assets as defined by OTS regulations. This requirement of the OTS, which may be
varied at the direction of the OTS depending upon economic conditions and
deposit flows, is based upon a percentage of deposits and short-term borrowings.
The Bank's currently required liquidity ratio is 4.0%. At June 30, 2000 and
December 31, 1999, the Bank's regulatory liquidity ratios were 22.62% and
25.40%, respectively.

     At June 30, 2000, the Bank exceeded all of its regulatory capital
requirements with a tangible capital level of $38.5 million, or 11.1% of total
adjusted assets, which is above the required level of $5.2 million, or 1.5%;
core capital of $38.5 million, or 11.1% of total adjusted assets, which is above
the required level of $13.9 million, or 4.0%; and risk-based capital of $39.9
million, or 28.5% of risk-weighted assets, which is above the required level of
$11.2 million, or 8.0%.

     The Company's most liquid assets are cash and cash equivalents and
securities available for sale. The levels of these assets are dependent on
operating, financing, lending and investing activities during any given period.
At June 30, 2000, cash and cash equivalents and securities available for sale
totalled $7.4 million, or 2.1% of total assets.

     The Company, through its Bank subsidiary, has other sources of liquidity if
a need for additional funds arises, including FHLB borrowings. At June 30, 2000,
the Bank had $67.1 million in borrowings outstanding from the FHLB. Depending on
market conditions, the pricing of deposit products and FHLB borrowings, the Bank
may continue to rely on FHLB borrowings to fund asset growth.

     At June 30, 2000, the Bank had commitments to originate and purchase loans
and fund unused outstanding lines of credit and undisbursed proceeds of
construction mortgages totalling $13.5 million and no commitments to purchase
securities. The Bank anticipates that it will have sufficient funds available to
meet its current commitments. Certificate accounts, including Individual
Retirement Account accounts, which are scheduled to mature in less than one year
from June 30, 2000, totalled $115.9 million. The Bank expects that substantially
all of the maturing certificate accounts will be retained by the Bank.

     The initial impact of the reorganization and offering on the liquidity and
capital resources of the Company was to substantially increase the liquid assets
of the Company and the capital base on which the Company operates. Subsequently,
a substantial majority of the offering proceeds was invested in readily
marketable investment grade securities. The additional capital resulting from
the offerings increased the capital bases of the Company and the Bank. At June
30, 2000, the Company and the Bank had total equity, determined in accordance
with generally accepted accounting principles, of $48.4 million and $42.8
million, respectively, or 13.7% and 12.2%, respectively, of total assets. The
Bank's regulatory tangible capital at that date, which excludes intangible
assets of $4.3 million and unrealized securities losses, net of deferred income
taxes, of $53,000, was $38.5 million, or 11.1% of adjusted total assets. An
institution with a ratio of tangible capital to adjusted total assets of greater
than or equal to 5.0% is considered to be "well-capitalized" pursuant to OTS
regulations.

<PAGE>

                            WEST ESSEX BANCORP, INC.
                           PART II . OTHER INFORMATION
                                  June 30, 2000

ITEM 1.   Legal Proceedings
--------------------------

          The Company and the Bank are parties to various litigation which
          arises primarily in the ordinary course of business. Included in this
          litigation are various claims and lawsuits involving the Bank, such as
          claims to enforce liens, condemnation proceedings on properties in
          which the Bank holds security interest, claims involving the making
          and servicing of real property loans and other issues incident to the
          Bank's business. In the opinion of management, the ultimate
          disposition of such litigation should not have a material effect on
          the consolidated financial position or operations of the Company.

ITEM 2.   Changes in Securities
-------------------------------

          None.

ITEM 3.   Defaults Upon Senior Securities
-----------------------------------------

          None.

ITEM 4.   Submission of Matters to a Vote of Security Holders
-------------------------------------------------------------

          This information was reported in the Company's Form 10-QSB for the
          quarter ended March 31, 2000.

ITEM 5.   Other Information
---------------------------

          None

ITEM 6.   Exhibits and Reports on Form 8-K
----------------------------------------

          (a)  Exhibits:

                  3.1   Charter of West Essex Bancorp, Inc.  *
                  3.2   Bylaws of West Essex Bancorp, Inc.  *
                  4.0   Form of Common Stock Certificate   *
                 11.0   Statement regarding computation of per share earnings
                 27.0   Financial Data Schedule

               *    Incorporated herein by reference into this document from the
                    Exhibits to Form S-1 Registration Statement and any
                    amendments thereto, Registration No. 333-56729.

          (b)  Reports on Form 8-K:

               None

<PAGE>

                                   SIGNATURES
                                   ----------


In accordance with the requirements of the Exchange Act, the Registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                     WEST ESSEX BANCORP, INC.


Date:    August 8, 2000              By    /s/ Leopold W. Montanaro
      ------------------------          ----------------------------------------
                                           Leopold W. Montanaro
                                           President and Chief Executive Officer
                                           (Principal Executive Officer)



Date:    August 8, 2000              By:   /s/ Dennis A. Petrello
      ------------------------           ---------------------------------------
                                           Dennis A. Petrello
                                           Executive Vice President and
                                           and Chief Financial Officer
                                           (Principal Financial and
                                           Accounting Officer)