Budd Lake, Morris County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Budd Lake, Morris County, NJ

Median Home Price Price

$542,807 $542.8K

Median Monthly Rent Rent

$2,028 $2K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Budd Lake, NJ is $2,028, with MoM change +$19 and YoY change +$148 pointing to positive momentum while volatility is low (std $36).

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Metric

Base market Budd Lake, NJ

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Delta vs base

Median rent

$2,028

N/A

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Median price

$542,807

N/A

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YoY change

+$148

N/A

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Price-to-rent

22.3x

Data unavailable

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