Market Summary

Fort Lee, Bergen County, NJ

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Median Home Price Price

$552,972 $553K

Median Monthly Rent Rent

$2,810 $2.8K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Bergen County

Region Price Rent GRM Display
$877,558 $2,624 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Bergen County

Region Price Rent GRM Display
$406,336 $1,638 21.0x
$620,254 $2,618 20.0x
$254,014 $1,734 12.0x
$326,430 $2,185 12.0x
$1,076,380 $2,663 34.0x
$528,883 $2,685 16.0x
$525,905 $2,633 17.0x
$292,647 $1,493 16.0x
$261,501 $1,585 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NJ

Region Price Rent GRM Display
$495,262 $2,235 18.0x
$784,231 $2,823 23.0x
$341,562 $2,167 13.0x
$402,320 $1,536 22.0x
$647,950 $2,668 20.0x
$447,471 $1,460 26.0x
$453,454 $2,243 17.0x
$476,924 $2,609 15.0x
$500,261 $1,658 25.0x
$607,040 $2,623 19.0x
$371,525 $988 31.0x
$237,146 $1,265 16.0x
$443,425 $1,303 28.0x
$743,796 $2,726 23.0x
$263,599 $1,299 17.0x
$548,133 $1,705 27.0x
$238,448 $1,471 14.0x
$821,475 $2,698 25.0x
$362,109 $1,390 22.0x
$787,160 $2,526 26.0x
$266,720 $1,092 20.0x
$488,700 $1,690 24.0x
$4,354,119 $2,807 129.0x
$341,959 $1,631 17.0x
$816,913 $2,681 25.0x
$419,931 $1,412 25.0x
$438,404 $1,748 21.0x
$188,654 $1,145 14.0x
$391,305 $1,058 31.0x
$282,996 $1,229 19.0x
$694,576 $2,745 21.0x
$600,986 $3,002 17.0x
$255,818 $1,488 14.0x
$502,941 $2,508 17.0x

Home prices

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Monthly rent

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GRM

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Fort Lee

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Trend Insights

Median Rent in Fort Lee, NJ is $2,810, with MoM change +$29 and YoY change +$217 pointing to positive momentum while volatility is low (std $54).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Fort Lee, NJ.

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Metric
Base market Fort Lee, NJ
Compare market Select a market
Delta vs base
Median rent
$2,810
N/A
Median price
$552,972
N/A
YoY change
+$217
N/A
Price-to-rent
16.4x
Data unavailable
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