Home prices
The value of the median home in Garfield is $338,400. Compared to other places in this area it is about $36,260 (9%) lower.It is roughly $120,900 (55%) higher compared to the country as a whole, and it is about $267,600 (44%) lower compared to the city of New York.
Rents
The median rent in Garfield is $1,326 per month. In comparison to the surrounding areas this is about $49 (3%) lower.Compared to the entire country it is roughly $264 (24%) higher, and it is approximately $117 (8%) lower compared to the city of New York.
Nearby places
Lodi
Lodi is Garfield's neighbor to the east. The housing prices there are a bit more expensive. Lodi's median home cost is $373,000, which comes out to $34,600 (9%) higher than Garfield. The rent there is pretty similar. The median monthly rent in Lodi is $1,348, which is $22 (1%) higher than Garfield.
Passaic
Passaic is Garfield's neighbor to the southwest. Housing prices there are similar. The cost of the median home in Passaic is $332,700, which comes out to $5,700 (1%) lower than Garfield. Rent there is a bit less expensive. Passaic's median monthly rent is $1,183, which is $143 (12%) lower than Garfield.
Wallington
Wallington is Garfield's neighbor to the south. Real estate prices there are a little more expensive. The median home cost in Wallington is $375,800, which comes out to $37,400 (9%) higher than Garfield. Rents there are somewhat less expensive. Wallington's median monthly rent is $1,237, which works out to $89 (7%) lower than Garfield.
Elmwood Park
Elmwood Park is Garfield's neighbor to the north. Its real estate prices are a little more expensive. The price of the median home in Elmwood Park is $362,700, which is $24,300 (6%) higher than Garfield. Rents there are somewhat more expensive. Elmwood Park's median rent is $1,660 a month, which works out to $334 (20%) higher than Garfield.
Hasbrouck Heights
Hasbrouck Heights is approximately 1 mile southeast from Garfield. Its real estate prices are a little more expensive. The median home in Hasbrouck Heights is valued at $429,100, which works out to $90,700 (21%) higher than Garfield. Its rents are somewhat more expensive. The median rent in Hasbrouck Heights is $1,445 a month, which works out to $119 (8%) higher than Garfield.