Boonton Township, Morris County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Boonton Township, Morris County, NJ

Median Home Price Price

$795,384 $795.4K

Median Monthly Rent Rent

$2,374 $2.4K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Boonton Township, NJ is $2,374, with MoM change +$21 and YoY change +$152 pointing to positive momentum while volatility is low (std $36).

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Metric

Base market Boonton Township, NJ

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Delta vs base

Median rent

$2,374

N/A

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Median price

$795,384

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YoY change

+$152

N/A

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Price-to-rent

27.9x

Data unavailable

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