EXHIBIT 23.2    CONSENT OF MULDOON, MURPHY & FAUCETTE

 
                                    CONSENT



We hereby consent to the references to this firm and our opinions in the Notice
of Mutual Holding Company Reorganization on Form MHC-1, filed by West Essex
Bank, the Application for Approval of a Minority Stock Issuance by a Savings
Association Subsidiary of a Mutual Holding Company on Form MHC-2 filed by West
Essex Bancorp, Inc. (the "Company"), the Application H-(e)1 filed by the Company
and the Registration Statement on Form S-1, filed by the Company, and all
amendments thereto relating to the reorganization of the Bank into a two-tier
mutual holding company structure and the concurrent minority stock offering of
the Company.


                                    /s/ Muldoon, Murphy & Faucette

                                    MULDOON, MURPHY & FAUCETTE



Dated this 12th day of June, 1998