Springfield Belmont, Essex County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Springfield Belmont, Essex County, NJ

Median Home Price Price

$328,001 $328K

Median Monthly Rent Rent

$1,699 $1.7K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Springfield-Belmont, NJ is $1,699, with MoM change +$3 and YoY change +$56 pointing to positive momentum while volatility is low (std $14).

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Metric

Base market Springfield-Belmont, NJ

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Delta vs base

Median rent

$1,699

N/A

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Median price

$328,001

N/A

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YoY change

+$56

N/A

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Price-to-rent

16.1x

Data unavailable

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