Cedar Grove, Essex County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Cedar Grove, Essex County, NJ

Median Home Price Price

$714,784 $714.8K

Median Monthly Rent Rent

$2,367 $2.4K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Cedar Grove, NJ is $2,367, with MoM change +$22 and YoY change +$177 pointing to positive momentum while volatility is low (std $44).

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Metric

Base market Cedar Grove, NJ

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Delta vs base

Median rent

$2,367

N/A

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Median price

$714,784

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YoY change

+$177

N/A

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Price-to-rent

25.2x

Data unavailable

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