Home prices
The value of the median home in Caldwell is $466,700. In comparison to its surrounding areas it is about $145,780 (23%) lower.In comparison to the US as a whole it is about $249,200 (114%) higher, and is roughly $139,300 (22%) lower compared to the city of New York.
Rents
In Caldwell the median monthly rent is $1,512. It is about $473 (23%) lower in comparison to other places in this area.It is approximately $450 (42%) higher compared to the rest of the country, and it is about $69 (4%) higher compared to the city of New York.
Nearby places
Essex Fells
Essex Fells is Caldwell's neighbor to the south. Real estate prices there are significantly more expensive. The median home in Essex Fells is valued at $849,000, which works out to $382,300 (45%) higher than Caldwell. Rent there is significantly more expensive. The median monthly rent in Essex Fells is $2,250, which is $738 (32%) higher than Caldwell.
Roseland
Roseland is approximately 1 mile southwest of Caldwell. Its real estate prices are similar. The value of the median home in Roseland is $485,100, which is $18,400 (3%) higher than Caldwell. Its rents are a lot more expensive. The median rent in Roseland is $2,579 a month, which comes out to $1,067 (41%) higher than Caldwell.
Upper Montclair
Upper Montclair is approximately 3 miles east from Caldwell. The housing prices there are a lot more expensive. The cost of the median home in Upper Montclair is $766,100, which works out to $299,400 (39%) higher than Caldwell. The rent there is somewhat more expensive. In Upper Montclair the median rent is $2,008 a month, which works out to $496 (24%) higher than Caldwell.
Singac
Singac is roughly 3 miles northeast of Caldwell. Its housing prices are a lot less expensive. The median home price in Singac is $308,800, which works out to $157,900 (51%) lower than Caldwell. Rent there is a little less expensive. In Singac the median rent is $1,366 per month, which is $146 (10%) lower than Caldwell.
Glen Ridge
Glen Ridge is about 4 miles southeast from Caldwell. Real estate prices there are a bit more expensive. The cost of the median home in Glen Ridge is $653,400, which comes out to $186,700 (28%) higher than Caldwell. Rent there is a little more expensive. In Glen Ridge the median rent is $1,723 a month, which comes out to $211 (12%) higher than Caldwell.