West Milford, Passaic County, NJ

Median Home Price Price

$471,563 $471.6K

Median Monthly Rent Rent

$1,908 $1.9K

21.0x

Market Snapshot

West Milford, Passaic County, NJ is a city market with a median home price of $471,563, a median monthly rent of $1,908, a GRM of 21.0x, and a price-to-rent ratio of 20.6.

More markets to explore

01 Wanaque, Passaic County, NJ
Top recommendation Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $496.3K
Rent $2.5K
GRM 16.0x
Explore the data
Region Show
Wanaque
$496K $2.5K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Westampton Township, Burlington County, NJ Explore deeper
$410K $1.8K 19.0x
Orange, Essex County, NJ
$464K $2.0K 20.0x
Woodland Township, Burlington County, NJ
$407K $1.7K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sanford, York County, ME Explore deeper
$356K $1.5K 20.0x
Manchester, Hillsborough County, NH
$420K $2.0K 18.0x
Bristol, Hartford County, CT Explore deeper
$319K $1.8K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

West Milford

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Benchmark comparison

Rent in West Milford, NJ is 25.0% lower than Wanaque, NJ.

Compare to Wanaque, NJ
West Milford, NJ
Wanaque, NJ
Delta
Median rent
$1,908
$2,543
+$635
Median price
$471,563
$496,259
+$24,696
YoY change
+$121
+$166
+$45
Price-to-rent
20.6x
16.3x
-4.3x

Key takeaways

  • West Milford, Passaic County, NJ has a higher-grm screening profile: At 21.0x 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 $121 year over year.
  • Rent in West Milford, NJ is 25.0% lower than Wanaque, NJ.