Long Valley, Morris County, NJ

Median Home Price Price

$701,473 $701.5K

Median Monthly Rent Rent

$2,125 $2.1K

28.0x

Market Snapshot

Long Valley, Morris County, NJ is a city market with a median home price of $701,473, a median monthly rent of $2,125, a GRM of 28.0x, and a price-to-rent ratio of 27.5.

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
Budd Lake
$543K $2.0K 22.0x
Boonton Township
$795K $2.4K 28.0x
Morris Plains Explore deeper
$694K $3.4K 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Matawan, Middlesex County, NJ
$622K $2.5K 21.0x
Whitehouse Station, Hunterdon County, NJ Explore deeper
$672K $2.3K 25.0x
Branchville, Sussex County, NJ
$452K $2.1K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
West Newbury, Essex County, MA
$904K $2.1K 35.0x
Brentwood, Rockingham County, NH Explore deeper
$670K $2.1K 27.0x
Amesbury, Essex County, MA
$594K $2.1K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Long Valley

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Benchmark comparison

Compare Long Valley, NJ to another market.

Compare to Budd Lake, NJ
Long Valley, NJ
Budd Lake, NJ
Delta
Median rent
$2,125
N/A
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Median price
$701,473
N/A
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YoY change
+$150
N/A
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Price-to-rent
27.5x
Data unavailable
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Key takeaways

  • Long Valley, Morris County, NJ has a higher-grm screening profile: At 28.0x 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 $150 year over year.
  • Next discovery step: compare Budd Lake, Morris County, NJ from the Same county set.