Penns Grove, Salem County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Penns Grove, Salem County, NJ

Median Home Price Price

$190,395 $190.4K

Median Monthly Rent Rent

$1,777 $1.8K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Penns Grove, NJ is $1,777, with MoM change +$17 and YoY change +$149 pointing to positive momentum while volatility is low (std $39).

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Metric

Base market Penns Grove, NJ

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Delta vs base

Median rent

$1,777

N/A

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Median price

$190,395

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YoY change

+$149

N/A

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Price-to-rent

8.9x

Data unavailable

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