Home prices
The median home in Roseland is valued at $485,100. This is about $191,100 (28%) lower compared to the surrounding areas.Compared to the entire nation it is about $267,600 (123%) higher, and it is about $120,900 (19%) lower compared to the city of New York.
Rents
In Roseland the median monthly rent is $2,579. It is roughly $592 (29%) higher compared to other places in this area.In comparison to the rest of the nation it is roughly $1,517 (142%) higher, and in comparison to the city of New York is about $1,136 (78%) higher.
Nearby places
Essex Fells
Essex Fells is Roseland's neighbor to the east. Its housing prices are substantially more expensive. Essex Fells's median home value is $849,000, which works out to $363,900 (42%) higher than Roseland. The rent there is somewhat less expensive. In Essex Fells the median rent is $2,250 per month, which is $329 (14%) lower than Roseland.
Caldwell
Caldwell is about 1 mile northeast from Roseland. The housing prices there are similar. The cost of the median home in Caldwell is $466,700, which is $18,400 (3%) lower than Roseland. Its rents are a lot less expensive. Caldwell's median rent is $1,512 a month, which works out to $1,067 (70%) lower than Roseland.
Glen Ridge
Glen Ridge is about 4 miles east from Roseland. Its real estate prices are a little more expensive. Glen Ridge's median home value is $653,400, which comes out to $168,300 (25%) higher than Roseland. The rent there is a lot less expensive. Glen Ridge's median monthly rent is $1,723, which is $856 (49%) lower than Roseland.
Florham Park
Florham Park is approximately 4 miles southwest from Roseland. The housing prices there are a bit more expensive. Florham Park's median home cost is $645,800, which works out to $160,700 (24%) higher than Roseland. Its rents are a bit less expensive. The median monthly rent in Florham Park is $2,441, which comes out to $138 (5%) lower than Roseland.
Upper Montclair
Upper Montclair is about 5 miles east of Roseland. Housing prices there are significantly more expensive. The median home in Upper Montclair is valued at $766,100, which works out to $281,000 (36%) higher than Roseland. Rent there is a little less expensive. In Upper Montclair the median monthly rent is $2,008, which is $571 (28%) lower than Roseland.