Market Summary

Old Tappan, Bergen County, NJ

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Median Home Price Price

$1,136,626 $1.1M

Median Monthly Rent Rent

$2,343 $2.3K

GRM

40.0x

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
$1,034,080 $3,250 27.0x
$606,318 $2,282 22.0x
$1,148,667 $2,417 40.0x
$889,538 $2,401 31.0x
$960,142 $3,838 21.0x
$910,709 $1,806 42.0x
$1,168,526 $4,462 22.0x
$843,901 $2,596 27.0x
$902,803 $2,952 25.0x
$1,002,991 $3,280 25.0x
$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
$1,974,374 $2,342 70.0x
$1,066,527 $2,344 38.0x
$564,540 $2,300 20.0x
$480,482 $2,150 19.0x
$776,375 $2,704 24.0x
$391,275 $2,344 14.0x
$1,089,487 $2,480 37.0x

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
$442,621 $2,367 16.0x
$388,032 $2,173 15.0x
$1,321,875 $2,895 38.0x
$1,241,739 $2,276 45.0x
$1,258,740 $2,963 35.0x
$1,175,988 $3,424 29.0x
$515,802 $2,172 20.0x
$762,469 $2,360 27.0x
$431,422 $1,319 27.0x
$309,986 $2,307 11.0x
$1,025,842 $2,243 38.0x
$1,545,741 $2,969 43.0x
$337,568 $2,189 13.0x
$935,323 $3,858 20.0x
$904,201 $2,127 35.0x
$426,063 $2,318 15.0x
$790,016 $1,837 36.0x
$382,218 $1,135 28.0x
$436,411 $2,202 17.0x
$1,021,751 $2,858 30.0x
$1,338,350 $2,678 42.0x
$431,825 $2,482 14.0x
$834,113 $1,716 40.0x
$329,786 $2,288 12.0x
$621,030 $1,342 39.0x
$849,138 $2,275 31.0x
$685,403 $2,239 26.0x

Home prices

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Monthly rent

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GRM

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Old Tappan

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Trend Insights

Median Rent in Old Tappan, NJ is $2,343, with MoM change +$26 and YoY change +$189 pointing to positive momentum while volatility is low (std $48).

Benchmark Markets Side by Side

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Metric
Base market Old Tappan, NJ
Compare market Select a market
Delta vs base
Median rent
$2,343
N/A
Median price
$1,136,626
N/A
YoY change
+$189
N/A
Price-to-rent
40.4x
Data unavailable
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