Home prices
Garwood's median home price is $380,800. Compared to nearby areas it is approximately $64,020 (14%) lower.It is approximately $163,300 (75%) higher in comparison to the country as a whole, and it is approximately $225,200 (37%) lower compared to the city of New York.
Rents
Garwood's median monthly rent is $1,551. This is approximately $86 (5%) higher in comparison to its nearby areas.It is roughly $489 (46%) higher in comparison to the US as a whole, and compared to the city of New York is about $108 (7%) higher.
Nearby places
Westfield
Westfield is Garwood's neighbor to the west. Real estate prices there are substantially more expensive. The median home in Westfield is valued at $743,400, which works out to $362,600 (48%) higher than Garwood. Its rents are similar. Westfield's median rent is $1,608 per month, which is $57 (3%) higher than Garwood.
Kenilworth
Kenilworth is about 2 miles northeast of Garwood. Housing prices there are a little less expensive. The median home in Kenilworth is valued at $345,500, which works out to $35,300 (10%) lower than Garwood. Its rents are similar. Kenilworth's median rent is $1,521 a month, which works out to $30 (1%) lower than Garwood.
Mountainside
Mountainside is about 2 miles northwest of Garwood. The housing prices there are substantially more expensive. The value of the median home in Mountainside is $626,100, which is $245,300 (39%) higher than Garwood. The rent there is a little more expensive. Mountainside's median monthly rent is $1,739, which works out to $188 (10%) higher than Garwood.
Roselle Park
Roselle Park is roughly 2 miles east from Garwood. Its real estate prices are a lot less expensive. The value of the median home in Roselle Park is $284,000, which works out to $96,800 (34%) lower than Garwood. The rent there is a little less expensive. Roselle Park's median rent is $1,275 a month, which is $276 (21%) lower than Garwood.
Roselle
Roselle is roughly 2 miles east of Garwood. Housing prices there are a lot less expensive. The price of the median home in Roselle is $225,100, which works out to $155,700 (69%) lower than Garwood. Rents there are a bit less expensive. The median rent in Roselle is $1,183 a month, which is $368 (31%) lower than Garwood.
