Market Summary

Madison, Morris County, NJ

Login to save

Median Home Price Price

$957,569 $957.6K

Median Monthly Rent Rent

$2,833 $2.8K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Morris County

Region Price Rent GRM Display
Pine Brook
$864,264 $2,969 24.0x
Morristown
$840,383 $2,927 24.0x
Chatham
$1,212,089 $3,240 31.0x
Florham Park
$950,091 $3,993 20.0x
Kinnelon
$793,190 $2,395 28.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets within NJ outside of Morris County

Region Price Rent GRM Display
Holmdel Township, Monmouth County, NJ
$1,013,443 $2,406 35.0x
New Providence, Union County, NJ
$921,093 $2,575 30.0x
Hillsdale, Bergen County, NJ
$778,218 $2,249 29.0x
Maplewood, Essex County, NJ
$881,617 $2,877 25.0x
Scotch Plains, Union County, NJ
$776,375 $2,704 24.0x
Palisades Park, Bergen County, NJ
$917,039 $2,506 30.0x
Weehawken, Hudson County, NJ
$839,697 $3,035 23.0x
Glen Rock, Bergen County, NJ
$968,032 $2,481 32.0x
Oradell, Bergen County, NJ
$902,803 $2,952 25.0x
Little Silver, Monmouth County, NJ
$1,029,590 $4,452 19.0x
Wayne, Passaic County, NJ
$701,668 $2,753 21.0x
Montclair, Essex County, NJ
$1,055,770 $2,760 32.0x
Verona, Essex County, NJ
$703,964 $2,767 21.0x
Haddonfield, Camden County, NJ
$765,246 $1,887 34.0x
Secaucus, Hudson County, NJ
$642,228 $2,933 18.0x
Mantoloking, Ocean County, NJ
$1,863,882 $2,642 59.0x
Westfield, Union County, NJ
$1,164,767 $2,995 32.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets outside of NJ

Region Price Rent GRM Display
Long Grove, Lake County, IL
$874,282 $1,879 39.0x
Norwell, Plymouth County, MA
$976,700 $2,793 29.0x
Summit Point, Jefferson County, WV
$435,857 $1,413 26.0x
Deer Park, Lake County, IL
$699,166 $1,833 32.0x
Sherborn, Middlesex County, MA
$1,158,269 $2,895 33.0x
Newport, Newport County, RI
$849,339 $3,200 22.0x
Sea Cliff, Nassau County, NY
$1,014,729 $2,894 29.0x
Liberty Center, Wells County, IN
$221,103 $939 20.0x
Paradise Valley, Maricopa County, AZ
$3,127,675 $2,598 100.0x
Shenandoah Junction, Jefferson County, WV
$419,212 $1,422 25.0x
East Liberty, Logan County, OH
$269,790 $1,087 21.0x
Barrington, Cook County, IL
$572,650 $3,161 15.0x
Indian Creek, Lake County, IL
$542,573 $1,866 24.0x
Riverwoods, Lake County, IL
$908,328 $1,854 41.0x
Middlefield, Geauga County, OH
$271,167 $975 23.0x
Rye Brook, Westchester County, NY
$1,134,886 $2,948 32.0x
Elgin, Antelope County, NE
$227,099 $759 25.0x
Weston, Middlesex County, MA
$2,062,203 $2,641 65.0x
Lake Barrington, Lake County, IL
$499,377 $1,856 22.0x
Norwalk, Fairfield County, CT
$619,281 $2,652 19.0x
Waterloo, Monroe County, IL
$305,018 $1,109 23.0x
New Bloomington, Marion County, OH
$184,011 $939 16.0x
Huntington Woods, Oakland County, MI
$498,513 $3,066 14.0x
Centerville, Montgomery County, OH
$366,251 $1,153 26.0x
Andover, Essex County, MA
$933,960 $2,793 28.0x
Bryn Mawr, Delaware County, PA
$842,783 $2,404 29.0x
Cutler, Carroll County, IN
$271,008 $1,127 20.0x
Burton, Geauga County, OH
$273,613 $1,169 19.0x
Saint Charles, Kane County, IL
$435,099 $2,970 12.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.
Madison

Map loads when visible.

Trend Insights

Median Rent in Madison, NJ is $2,833, with MoM change +$33 and YoY change +$266 pointing to positive momentum while volatility is low (std $69).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Madison, NJ
Compare market Select a market
Delta vs base
Median rent
$2,833
N/A
—
Median price
$957,569
N/A
—
YoY change
+$266
N/A
—
Price-to-rent
28.2x
Data unavailable
—
Frequently Asked Questions