Watchung, Somerset County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Watchung, Somerset County, NJ

Median Home Price Price

$1,006,010 $1M

Median Monthly Rent Rent

$3,484 $3.5K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Watchung, NJ is $3,484, with MoM change +$39 and YoY change +$308 pointing to positive momentum while volatility is low (std $78).

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Metric

Base market Watchung, NJ

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Delta vs base

Median rent

$3,484

N/A

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Median price

$1,006,010

N/A

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YoY change

+$308

N/A

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Price-to-rent

24.1x

Data unavailable

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