Market Summary

Tenafly, Bergen County, NJ

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Median Home Price Price

$1,168,526 $1.2M

Median Monthly Rent Rent

$4,462 $4.5K

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
$1,148,667 $2,417 40.0x
$877,558 $2,624 28.0x
$968,032 $2,481 32.0x
$671,893 $2,400 23.0x
$1,034,080 $3,250 27.0x
$1,104,999 $3,210 29.0x
$902,803 $2,952 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
$1,164,767 $2,995 32.0x
$1,000,043 $4,443 19.0x
$1,006,010 $3,484 24.0x
$1,127,510 $4,477 21.0x
$651,967 $2,543 21.0x
$1,009,183 $3,795 22.0x
$984,566 $2,591 32.0x
$1,325,885 $4,512 24.0x
$793,190 $2,395 28.0x
$1,029,590 $4,452 19.0x
$1,378,464 $4,510 25.0x
$840,383 $2,927 24.0x
$926,177 $2,873 27.0x
$1,076,380 $2,663 34.0x
$864,264 $2,969 24.0x
$565,640 $1,873 25.0x

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
$925,080 $4,390 18.0x
$1,395,925 $4,264 27.0x
$1,521,273 $3,920 32.0x
$1,405,765 $3,804 31.0x
$516,904 $3,854 11.0x
$1,274,156 $4,406 24.0x
$1,050,662 $3,862 23.0x
$1,248,203 $4,417 23.0x
$1,158,269 $2,895 33.0x
$3,261,316 $3,835 71.0x
$2,070,957 $4,445 39.0x
$1,362,503 $4,295 26.0x
$711,280 $2,648 22.0x
$1,094,481 $1,768 52.0x
$935,323 $3,858 20.0x

Home prices

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Monthly rent

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GRM

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Tenafly

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Trend Insights

Median Rent in Tenafly, NJ is $4,462, with MoM change +$51 and YoY change +$406 pointing to positive momentum while volatility is low (std $105).

Benchmark Markets Side by Side

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

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Metric
Base market Tenafly, NJ
Compare market Select a market
Delta vs base
Median rent
$4,462
N/A
Median price
$1,168,526
N/A
YoY change
+$406
N/A
Price-to-rent
21.8x
Data unavailable
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