Tenafly, Bergen County, NJ

Median Home Price Price

$1,168,526 $1.2M

Median Monthly Rent Rent

$4,462 $4.5K

22.0x

Market Snapshot

Tenafly, Bergen County, NJ is a city market with a median home price of $1,168,526, a median monthly rent of $4,462, a GRM of 22.0x, and a price-to-rent ratio of 21.8.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Woodcliff Lake
$1.15M $2.4K 40.0x
Montvale
$878K $2.6K 28.0x
Glen Rock
$968K $2.5K 32.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Westfield, Union County, NJ
$1.16M $3.0K 32.0x
Mountainside, Union County, NJ
$1.00M $4.4K 19.0x
Watchung, Somerset County, NJ
$1.01M $3.5K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Plainview, Nassau County, NY
$925K $4.4K 18.0x
Woodbury, Nassau County, NY
$1.40M $4.3K 27.0x
Irvine, Orange County, CA
$1.52M $3.9K 32.0x

Home prices

Monthly rent

GRM = home price / annual rent

Tenafly

Map loads when visible.

Benchmark comparison

Rent in Tenafly, NJ is 84.6% higher than Woodcliff Lake, NJ.

Compare to Woodcliff Lake, NJ
Tenafly, NJ
Woodcliff Lake, NJ
Delta
Median rent
$4,462
$2,417
-$2,045
Median price
$1,168,526
$1,148,667
-$19,859
YoY change
+$406
+$244
-$162
Price-to-rent
21.8x
39.6x
+17.8x

Key takeaways

  • Tenafly, Bergen County, NJ has a higher-grm screening profile: At 22.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $406 year over year.
  • Rent in Tenafly, NJ is 84.6% higher than Woodcliff Lake, NJ.