Market Summary

Raritan, Somerset County, NJ

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Median Home Price Price

$528,883 $528.9K

Median Monthly Rent Rent

$2,685 $2.7K

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
$521,668 $2,411 18.0x
$553,569 $2,674 17.0x
$501,776 $2,575 16.0x
$447,032 $2,251 17.0x
$491,809 $2,499 16.0x

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
$1,076,380 $2,663 34.0x
$620,254 $2,618 20.0x
$471,856 $1,906 21.0x
$680,302 $2,552 22.0x
$503,010 $1,872 22.0x
$877,558 $2,624 28.0x
$632,204 $3,289 16.0x
$470,819 $2,630 15.0x
$622,380 $2,490 21.0x

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
$821,475 $2,698 25.0x
$548,133 $1,705 27.0x
$511,233 $1,995 21.0x
$287,142 $1,347 18.0x
$566,230 $2,700 17.0x
$619,933 $2,754 19.0x
$559,806 $2,404 19.0x
$607,040 $2,623 19.0x
$294,944 $1,550 16.0x
$610,966 $2,417 21.0x
$647,950 $2,668 20.0x
$698,480 $2,536 23.0x
$743,796 $2,726 23.0x
$463,552 $1,749 22.0x
$370,581 $1,880 16.0x
$476,924 $2,609 15.0x
$274,150 $1,882 12.0x
$261,915 $1,363 16.0x
$686,101 $2,882 20.0x
$483,658 $1,600 25.0x
$694,576 $2,745 21.0x
$304,251 $1,602 16.0x
$574,621 $2,070 23.0x
$964,097 $2,868 28.0x
$301,610 $1,509 17.0x
$451,456 $1,860 20.0x
$787,160 $2,526 26.0x
$142,239 $1,040 11.0x

Home prices

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Monthly rent

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GRM

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Raritan

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Trend Insights

Median Rent in Raritan, NJ is $2,685, with MoM change +$26 and YoY change +$217 pointing to positive momentum while volatility is low (std $54).

Benchmark Markets Side by Side

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

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Metric
Base market Raritan, NJ
Compare market Select a market
Delta vs base
Median rent
$2,685
N/A
Median price
$528,883
N/A
YoY change
+$217
N/A
Price-to-rent
16.4x
Data unavailable
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