Short Hills, Essex County, NJ

Median Home Price Price

$2,132,688 $2.1M

Median Monthly Rent Rent

$4,293 $4.3K

41.0x

Market Snapshot

Short Hills, Essex County, NJ is a city market with a median home price of $2,132,688, a median monthly rent of $4,293, a GRM of 41.0x, and a price-to-rent ratio of 41.4.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Essex Fells Explore deeper
$1.33M $4.5K 24.0x
Livingston Explore deeper
$1.01M $3.8K 22.0x
Millburn
$1.15M $2.6K 37.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Harrington Park, Bergen County, NJ
$911K $1.8K 42.0x
Haworth, Bergen County, NJ
$1.08M $4.5K 20.0x
Waldwick, Bergen County, NJ Explore deeper
$700K $4.3K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Roslyn, Nassau County, NY Explore deeper
$1.55M $3.0K 43.0x
Mill Neck, Nassau County, NY
$2.07M $4.4K 39.0x
Hastings on Hudson, Westchester County, NY
$990K $2.4K 35.0x

Home prices

Monthly rent

GRM = home price / annual rent

Short Hills

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Benchmark comparison

Compare Short Hills, NJ to another market.

Compare to Essex Fells, NJ
Short Hills, NJ
Essex Fells, NJ
Delta
Median rent
$4,293
N/A
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Median price
$2,132,688
N/A
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YoY change
+$442
N/A
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Price-to-rent
41.4x
Data unavailable
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Key takeaways

  • Short Hills, Essex County, NJ has a higher-grm screening profile: At 41.0x 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 $442 year over year.
  • Next discovery step: compare Essex Fells, Essex County, NJ from the Same county set.