Market Summary

Bound Brook, Somerset County, NJ

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Median Home Price Price

$501,776 $501.8K

Median Monthly Rent Rent

$2,575 $2.6K

GRM

16.0x

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
$553,569 $2,674 17.0x
$491,809 $2,499 16.0x
$467,972 $2,408 16.0x
$701,042 $2,406 24.0x
$528,883 $2,685 16.0x
$447,032 $2,251 17.0x
$675,386 $2,408 23.0x

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
$605,665 $2,467 21.0x
$483,573 $2,351 17.0x
$464,926 $1,859 21.0x
$542,807 $2,028 22.0x
$357,393 $2,448 12.0x
$294,194 $2,357 10.0x
$646,122 $2,381 23.0x
$496,259 $2,543 16.0x
$632,204 $3,289 16.0x
$517,120 $2,416 18.0x
$614,548 $2,643 19.0x
$534,346 $2,152 21.0x
$261,501 $1,585 14.0x

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
$772,993 $2,626 25.0x
$734,939 $2,497 25.0x
$312,445 $1,525 17.0x
$496,367 $1,511 27.0x
$385,716 $2,650 12.0x
$778,857 $2,658 24.0x
$1,188,521 $2,289 43.0x
$969,702 $2,539 32.0x
$294,944 $1,550 16.0x

Home prices

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Monthly rent

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GRM

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Bound Brook

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Trend Insights

Median Rent in Bound Brook, NJ is $2,575, with MoM change +$21 and YoY change +$161 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Bound Brook, NJ
Compare market Select a market
Delta vs base
Median rent
$2,575
N/A
Median price
$501,776
N/A
YoY change
+$161
N/A
Price-to-rent
16.2x
Data unavailable
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