East Orange, Essex County, NJ

Median Home Price Price

$466,756 $466.8K

Median Monthly Rent Rent

$1,980 $2K

20.0x

Market Snapshot

East Orange, Essex County, NJ is a city market with a median home price of $466,756, a median monthly rent of $1,980, a GRM of 20.0x, and a price-to-rent ratio of 19.6.

More markets to explore

Top recommendation Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $493.9K
Rent $2.1K
GRM 19.0x
Explore the data
Region Show
Belleville
$494K $2.1K 19.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$367K $1.9K 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

East Orange

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Benchmark comparison

Rent in East Orange, NJ is 7.6% lower than Belleville, NJ.

East Orange, NJ
Belleville, NJ
Delta
Median rent
$1,980
$2,144
+$164
Median price
$466,756
$493,870
+$27,114
YoY change
+$159
+$202
+$43
Price-to-rent
19.6x
19.2x
-0.4x

Key takeaways

  • East Orange, Essex County, NJ has a higher-grm screening profile: At 20.0x 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 $159 year over year.
  • Rent in East Orange, NJ is 7.6% lower than Belleville, NJ.