Market Summary

Mine Hill Township, Morris County, NJ

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Median Home Price Price

$486,199 $486.2K

Median Monthly Rent Rent

$2,426 $2.4K

GRM

17.0x

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
$517,120 $2,416 18.0x
$646,122 $2,381 23.0x
$483,573 $2,351 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Morris County

Region Price Rent GRM Display
$424,410 $2,323 15.0x
$579,034 $2,370 20.0x
$292,647 $1,493 16.0x
$526,912 $2,401 18.0x
$333,315 $1,685 17.0x
$467,972 $2,408 16.0x
$261,501 $1,585 14.0x
$376,744 $2,386 13.0x
$536,731 $2,200 20.0x
$518,184 $2,290 19.0x
$299,694 $2,238 11.0x

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
$367,440 $1,903 16.0x
$341,562 $2,167 13.0x
$424,695 $1,855 19.0x
$286,080 $1,667 14.0x
$339,097 $2,458 11.0x
$280,208 $1,429 16.0x
$284,670 $1,861 13.0x
$377,609 $2,057 15.0x
$887,358 $2,381 31.0x
$587,661 $1,811 27.0x
$437,439 $2,442 15.0x
$385,716 $2,650 12.0x
$462,724 $2,542 15.0x
$217,139 $1,306 14.0x
$277,091 $1,415 16.0x
$488,570 $1,987 20.0x
$754,715 $3,254 19.0x
$443,425 $1,303 28.0x
$717,455 $2,848 21.0x
$521,645 $2,243 19.0x
$309,700 $1,850 14.0x

Home prices

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Monthly rent

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GRM

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Mine Hill Township

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Trend Insights

Median Rent in Mine Hill Township, NJ is $2,426, with MoM change +$21 and YoY change +$182 pointing to positive momentum while volatility is low (std $45).

Benchmark Markets Side by Side

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Metric
Base market Mine Hill Township, NJ
Compare market Select a market
Delta vs base
Median rent
$2,426
N/A
Median price
$486,199
N/A
YoY change
+$182
N/A
Price-to-rent
16.7x
Data unavailable
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