Garwood, NJ
Full City Profile · New Jersey · Union County County
3.5
/5.0
B+
Good
4,688
Population
7,212/sq mi density
$100,948
Median Income
$62,335 per capita
$509,800
Home Value
$671,070 Zillow
$1,603
Median Rent
26.7% income on rent
55°F
Avg Temperature
271 sunny days/yr
23
Violent Crime/100K
803 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$100,948 median income, 4.1% unemployment
B+
Affordability
3.8 / 5.0
$509,800 home value, $1,603/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
A+
Education
4.5 / 5.0
43.8% bachelor's degree or higher
Housing Overview
Median Home Value
$509,800
81% above
US avg: $281,900
Median Rent
$1,603/mo
38% above
US avg: $1,163/mo
Homeownership Rate
54.8%
16% below US avg (65.4%)
Total Housing Units
1,972
Median year built: 1952
Home Value by Source
Census Median
$509,800
Zillow (ZHVI)
$671,070
Median Sale Price
$730,500
Median List Price
$699,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.8%
Owner-Occupied
45.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,603/mo
Market Indicators (Redfin)
Median Days on Market
18 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$382
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
26.7%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
54.8%
Complete Housing Data
Home Values
| Census Median Value | $509,800 |
| Zillow Home Value (ZHVI) | $671,070 |
| Median Sale Price | $730,500 |
| Median List Price | $699,999 |
| Price Per Sq Ft | $382 |
Rent
| Census Median Rent | $1,603 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 18 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 5 |
| Price Per Sq Ft | $382 |
Ownership & Stock
| Owner-Occupied | 54.8% |
| Renter-Occupied | 45.2% |
| Homeownership Rate | 54.8% |
| Total Housing Units | 1,972 |
| Median Year Built | 1952 |
| Rent Burden | 26.7% |
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