Verona, Essex County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Verona, Essex County, NJ

Median Home Price Price

$703,964 $704K

Median Monthly Rent Rent

$2,767 $2.8K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Verona, NJ is $2,767, with MoM change +$34 and YoY change +$289 pointing to positive momentum while volatility is low (std $76).

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Metric

Base market Verona, NJ

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Delta vs base

Median rent

$2,767

N/A

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Median price

$703,964

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YoY change

+$289

N/A

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Price-to-rent

21.2x

Data unavailable

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