Market Summary

Jersey City, Hudson County, NJ

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Median Home Price Price

$647,291 $647.3K

Median Monthly Rent Rent

$2,951 $3K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hudson County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Hudson County

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
$496,367 $1,511 27.0x
$894,253 $2,994 25.0x
$420,489 $2,213 16.0x
$421,427 $3,038 12.0x
$458,541 $2,122 18.0x
$623,373 $2,851 18.0x
$1,231,676 $2,713 38.0x
$383,281 $1,676 19.0x
$576,779 $2,350 20.0x
$398,563 $1,920 17.0x
$242,804 $1,270 16.0x
$775,474 $2,555 25.0x
$268,805 $1,469 15.0x
$910,952 $2,792 27.0x
$464,583 $1,981 20.0x
$269,081 $1,551 15.0x
$689,186 $3,043 19.0x
$441,672 $1,935 19.0x
$468,605 $2,128 18.0x
$793,347 $2,902 23.0x
$314,211 $1,368 19.0x
$800,208 $2,762 24.0x
$403,349 $2,066 16.0x
$648,840 $2,709 20.0x
$246,320 $1,091 19.0x
$883,269 $2,624 28.0x
$389,790 $1,569 21.0x
$745,383 $2,621 24.0x
$431,559 $2,243 16.0x

Home prices

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Monthly rent

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GRM

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Jersey City

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Trend Insights

Median Rent in Jersey City, NJ is $2,951, with MoM change +$15 and YoY change +$91 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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

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Metric
Base market Jersey City, NJ
Compare market Select a market
Delta vs base
Median rent
$2,951
N/A
Median price
$647,291
N/A
YoY change
+$91
N/A
Price-to-rent
18.3x
Data unavailable
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