Home prices
Totowa's median home value is $371,200. Compared to nearby areas this is roughly $79,820 (27%) higher.Compared to the entire nation it is about $153,700 (70%) higher, and compared to the city of New York is about $234,800 (38%) lower.
Rents
The median monthly rent in Totowa is $1,569. It is roughly $192 (13%) higher compared to its surrounding areas.Compared to the rest of the nation it is approximately $507 (47%) higher, and compared to the city of New York is approximately $126 (8%) higher.
Nearby places
Woodland Park
Woodland Park is Totowa's neighbor to the southeast. The housing prices there are similar. The median home cost in Woodland Park is $365,900, which works out to $5,300 (1%) lower than Totowa. Rent there is a bit less expensive. Woodland Park's median rent is $1,480 per month, which comes out to $89 (6%) lower than Totowa.
Haledon
Haledon is Totowa's neighbor to the northeast. Its real estate prices are substantially less expensive. The price of the median home in Haledon is $271,700, which is $99,500 (36%) lower than Totowa. Rents there are a bit less expensive. The median monthly rent in Haledon is $1,408, which is $161 (11%) lower than Totowa.
Paterson
Paterson is Totowa's neighbor to the east. The real estate prices there are substantially less expensive. The median home value in Paterson is $244,200, which works out to $127,000 (52%) lower than Totowa. The rent there is somewhat less expensive. The median monthly rent in Paterson is $1,193, which works out to $376 (31%) lower than Totowa.
Singac
Singac is roughly 1 mile southwest from Totowa. Its real estate prices are a bit less expensive. The price of the median home in Singac is $308,800, which comes out to $62,400 (20%) lower than Totowa. The rent there is a little less expensive. Singac's median monthly rent is $1,366, which comes out to $203 (14%) lower than Totowa.
Prospect Park
Prospect Park is about 3 miles northeast of Totowa. Housing prices there are substantially less expensive. The median home in Prospect Park costs $266,300, which works out to $104,900 (39%) lower than Totowa. The rent there is somewhat less expensive. The median monthly rent in Prospect Park is $1,439, which comes out to $130 (9%) lower than Totowa.