Market Summary

Bernardsville, Somerset County, NJ

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Median Home Price Price

$963,171 $963.2K

Median Monthly Rent Rent

$2,989 $3K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Somerset County

Region Price Rent GRM Display
Skillman
$984,566 $2,591 32.0x
Franklin Park
$405,425 $3,039 11.0x
Rocky Hill
$698,516 $2,321 25.0x
Watchung
$1,006,010 $3,484 24.0x
Warren Township
$1,060,225 $2,448 36.0x
Branchburg Township
$701,042 $2,406 24.0x
Far Hills
$1,338,439 $4,539 25.0x
Bridgewater Township
$708,553 $2,413 24.0x
Hillsborough Township
$657,408 $2,465 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NJ outside of Somerset County

Region Price Rent GRM Display
Beachwood, Ocean County, NJ
$440,797 $3,028 12.0x
Berkeley Heights, Union County, NJ
$888,600 $2,822 26.0x
Glen Ridge, Essex County, NJ
$1,068,375 $3,447 26.0x
Manasquan, Monmouth County, NJ
$1,076,380 $2,663 34.0x
Princeton, Mercer County, NJ
$926,177 $2,873 27.0x
Riverdale, Morris County, NJ
$463,792 $3,113 12.0x
Hampton, Hunterdon County, NJ
$565,640 $1,873 25.0x
Allenwood, Monmouth County, NJ
$910,905 $2,404 32.0x
Scotch Plains, Union County, NJ
$776,375 $2,704 24.0x
Montvale, Bergen County, NJ
$877,558 $2,624 28.0x
Glen Gardner, Hunterdon County, NJ
$537,116 $2,139 21.0x
Oradell, Bergen County, NJ
$902,803 $2,952 25.0x
Tenafly, Bergen County, NJ
$1,168,526 $4,462 22.0x
Holmdel Township, Monmouth County, NJ
$1,013,443 $2,406 35.0x
New Providence, Union County, NJ
$921,093 $2,575 30.0x
Lebanon Borough, Hunterdon County, NJ
$708,203 $2,366 25.0x
Lincroft, Monmouth County, NJ
$957,500 $876 91.0x
Fair Haven, Monmouth County, NJ
$1,378,464 $4,510 25.0x
Kinnelon, Morris County, NJ
$793,190 $2,395 28.0x
Pine Brook, Morris County, NJ
$864,264 $2,969 24.0x

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
Jericho, Nassau County, NY
$1,189,749 $3,044 32.0x
Coto de Caza, Orange County, CA
$1,931,695 $2,905 55.0x
Albertson, Nassau County, NY
$1,011,103 $3,100 27.0x
Medfield, Norfolk County, MA
$1,008,566 $2,595 32.0x
Montebello, Rockland County, NY
$1,063,386 $2,989 30.0x
Bohemia, Suffolk County, NY
$667,572 $3,274 17.0x
Holbrook, Suffolk County, NY
$628,014 $3,171 17.0x
Milton, Norfolk County, MA
$1,017,483 $1,864 45.0x
Levittown, Nassau County, NY
$695,878 $3,280 18.0x
Villa Park, Orange County, CA
$2,207,735 $2,905 63.0x
Lynnfield, Essex County, MA
$1,036,352 $3,366 26.0x
Tustin, Orange County, CA
$1,156,882 $3,013 32.0x
Andover, Essex County, MA
$933,960 $2,793 28.0x
Islip Terrace, Suffolk County, NY
$612,529 $3,130 16.0x
Hampton Bays, Suffolk County, NY
$894,991 $3,019 25.0x
Sudbury, Middlesex County, MA
$1,094,481 $1,768 52.0x
Carle Place, Nassau County, NY
$806,503 $2,990 22.0x
Lookout Mountain, Hamilton County, TN
$966,026 $1,832 44.0x
Westwood, Norfolk County, MA
$1,158,165 $3,225 30.0x
Wading River, Suffolk County, NY
$701,665 $2,963 20.0x
Stoneham, Middlesex County, MA
$763,594 $2,521 25.0x
Stamford, Fairfield County, CT
$654,251 $2,834 19.0x

Home prices

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Monthly rent

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GRM

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Bernardsville

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Trend Insights

Median Rent in Bernardsville, NJ is $2,989, with MoM change +$33 and YoY change +$266 pointing to positive momentum while volatility is low (std $68).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Bernardsville, NJ
Compare market Select a market
Delta vs base
Median rent
$2,989
N/A
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Median price
$963,171
N/A
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YoY change
+$266
N/A
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Price-to-rent
26.9x
Data unavailable
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