Market Summary

Garfield, Bergen County, NJ

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Median Home Price Price

$570,382 $570.4K

Median Monthly Rent Rent

$2,124 $2.1K

GRM

22.0x

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
$605,665 $2,467 21.0x
$642,565 $2,341 23.0x
$632,115 $2,586 20.0x
$605,737 $2,314 22.0x
$596,942 $2,210 22.0x
$452,923 $2,404 16.0x
$706,603 $2,982 20.0x
$591,840 $2,168 23.0x
$660,416 $2,374 23.0x
$674,649 $2,383 24.0x
$595,762 $2,557 19.0x
$574,351 $2,213 22.0x
$630,068 $1,388 38.0x
$571,494 $2,281 21.0x
$698,554 $2,369 25.0x

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
$542,807 $2,028 22.0x
$471,856 $1,906 21.0x
$464,926 $1,859 21.0x
$426,807 $1,934 18.0x
$646,122 $2,381 23.0x
$316,798 $1,344 20.0x
$597,576 $2,331 21.0x
$477,175 $2,089 19.0x
$483,573 $2,351 17.0x
$508,067 $1,951 22.0x

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
$367,440 $1,903 16.0x
$488,570 $1,987 20.0x
$273,042 $1,812 13.0x
$315,099 $2,104 12.0x
$308,879 $2,025 13.0x
$205,770 $1,803 10.0x
$403,330 $2,038 16.0x
$237,368 $1,906 10.0x
$390,815 $2,015 16.0x
$346,684 $2,132 14.0x
$300,166 $2,029 12.0x

Home prices

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Monthly rent

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GRM

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Garfield

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Trend Insights

Median Rent in Garfield, NJ is $2,124, with MoM change +$17 and YoY change +$154 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

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

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Metric
Base market Garfield, NJ
Compare market Select a market
Delta vs base
Median rent
$2,124
N/A
Median price
$570,382
N/A
YoY change
+$154
N/A
Price-to-rent
22.4x
Data unavailable
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