Market Summary

Montclair, Essex County, NJ

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Median Home Price Price

$1,055,770 $1.1M

Median Monthly Rent Rent

$2,760 $2.8K

GRM

32.0x

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
$1,015,134 $2,938 28.0x
$1,150,931 $2,589 37.0x
$1,009,183 $3,795 22.0x
$703,964 $2,767 21.0x

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
$968,032 $2,481 32.0x
$1,087,016 $3,495 26.0x
$778,218 $2,249 29.0x
$1,127,510 $4,477 21.0x
$776,375 $2,704 24.0x
$950,091 $3,993 20.0x
$481,006 $3,142 13.0x
$840,383 $2,927 24.0x
$926,177 $2,873 27.0x
$902,803 $2,952 25.0x
$654,356 $2,684 20.0x
$731,875 $2,389 26.0x
$614,548 $2,643 19.0x
$619,468 $2,176 24.0x
$1,164,767 $2,995 32.0x
$1,104,999 $3,210 29.0x
$706,603 $2,982 20.0x
$1,148,667 $2,417 40.0x
$538,677 $2,771 16.0x
$560,904 $2,118 22.0x
$957,569 $2,833 28.0x
$793,190 $2,395 28.0x

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
$690,056 $1,857 31.0x
$494,294 $2,816 15.0x
$951,223 $2,966 27.0x
$719,243 $2,903 21.0x
$1,158,269 $2,895 33.0x
$1,545,741 $2,969 43.0x
$874,282 $1,879 39.0x
$1,134,886 $2,948 32.0x
$884,859 $1,078 68.0x
$542,573 $1,866 24.0x

Home prices

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Monthly rent

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GRM

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Montclair

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Trend Insights

Median Rent in Montclair, NJ is $2,760, with MoM change +$35 and YoY change +$287 pointing to positive momentum while volatility is low (std $75).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Montclair, NJ
Compare market Select a market
Delta vs base
Median rent
$2,760
N/A
Median price
$1,055,770
N/A
YoY change
+$287
N/A
Price-to-rent
31.9x
Data unavailable
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