Market Summary

Bloomfield, Essex County, NJ

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Median Home Price Price

$579,034 $579K

Median Monthly Rent Rent

$2,370 $2.4K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Essex County

Region Price Rent GRM Display
Belleville
$493,870 $2,144 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Essex County

Region Price Rent GRM Display
Wharton, Morris County, NJ
$483,573 $2,351 17.0x
Mine Hill Township, Morris County, NJ
$486,199 $2,426 17.0x
Dover, Morris County, NJ
$497,174 $2,323 18.0x
Boonton, Morris County, NJ
$646,122 $2,381 23.0x
Rahway, Union County, NJ
$526,912 $2,401 18.0x
Budd Lake, Morris County, NJ
$542,807 $2,028 22.0x
Clinton, Hunterdon County, NJ
$518,184 $2,290 19.0x
Berlin, Camden County, NJ
$371,481 $1,851 17.0x
Monroe Township, Middlesex County, NJ
$608,170 $2,558 20.0x
Linden, Union County, NJ
$536,731 $2,200 20.0x
Southampton Township, Burlington County, NJ
$420,482 $1,703 21.0x
Piscataway, Middlesex County, NJ
$573,477 $2,630 18.0x
Island Heights, Ocean County, NJ
$595,408 $2,273 22.0x
Butler, Morris County, NJ
$528,171 $2,182 20.0x
Evesham Township, Burlington County, NJ
$477,122 $1,765 22.0x
Bridgewater Township, Somerset County, NJ
$708,553 $2,413 24.0x
Cinnaminson Township, Burlington County, NJ
$435,603 $1,720 21.0x
Byram Township, Sussex County, NJ
$435,424 $2,437 15.0x
Highland Lake, Sussex County, NJ
$385,482 $2,473 13.0x
Newton, Sussex County, NJ
$426,807 $1,934 18.0x
Tabernacle Township, Burlington County, NJ
$497,477 $1,731 24.0x
Little Ferry, Bergen County, NJ
$571,494 $2,281 21.0x
Palmyra, Burlington County, NJ
$299,694 $2,238 11.0x
Sussex, Sussex County, NJ
$430,147 $1,850 19.0x
Somerset, Somerset County, NJ
$553,569 $2,674 17.0x
Manville, Somerset County, NJ
$467,972 $2,408 16.0x
Burlington Township, Burlington County, NJ
$380,121 $1,744 18.0x
Lincoln Park, Morris County, NJ
$517,120 $2,416 18.0x
Stanhope, Sussex County, NJ
$424,410 $2,323 15.0x
North Arlington, Bergen County, NJ
$596,942 $2,210 22.0x
Pompton Lakes, Passaic County, NJ
$529,738 $2,398 18.0x
Prospect Park, Passaic County, NJ
$515,783 $2,436 18.0x
Ogdensburg, Sussex County, NJ
$410,069 $1,854 18.0x
Westampton Township, Burlington County, NJ
$410,336 $1,771 19.0x
Bergenfield, Bergen County, NJ
$605,621 $2,248 22.0x
Branchville, Sussex County, NJ
$452,188 $2,107 18.0x

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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
Cohoes, Albany County, NY
$320,420 $1,654 16.0x
Rollinsford, Strafford County, NH
$496,764 $2,307 18.0x
Beacon Falls, New Haven County, CT
$401,212 $2,495 13.0x
Roscommon, Roscommon County, MI
$194,385 $984 16.0x
Middlefield, Middlesex County, CT
$393,292 $2,291 14.0x
Newbury, Essex County, MA
$887,358 $2,381 31.0x
Woodbridge, New Haven County, CT
$639,797 $2,329 23.0x
Shelton, Fairfield County, CT
$521,645 $2,243 19.0x
North Branford, New Haven County, CT
$433,755 $2,510 14.0x

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Monthly rent

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GRM

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Bloomfield

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Trend Insights

Median Rent in Bloomfield, NJ is $2,370, with MoM change +$21 and YoY change +$185 pointing to positive momentum while volatility is low (std $47).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Bloomfield, NJ
Compare market Select a market
Delta vs base
Median rent
$2,370
N/A
—
Median price
$579,034
N/A
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YoY change
+$185
N/A
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Price-to-rent
20.4x
Data unavailable
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