Home prices
The value of the median home in Glen Ridge is $653,400. Compared to nearby areas it is approximately $245,400 (60%) higher.In comparison to the United States as a whole it is approximately $435,900 (200%) higher, and is about $47,400 (7%) higher in comparison to the city of New York.
Rents
In Glen Ridge the median rent is $1,723 per month. Compared to its surrounding areas this is approximately $284 (19%) higher.It is about $661 (62%) higher in comparison to the entire country, and in comparison to the city of New York it is approximately $280 (19%) higher.
Nearby places
Brookdale
Brookdale is Glen Ridge's neighbor to the northeast. Housing prices there are substantially less expensive. The median home in Brookdale costs $378,600, which comes out to $274,800 (72%) lower than Glen Ridge. Its rents are a bit less expensive. Brookdale's median monthly rent is $1,469, which is $254 (17%) lower than Glen Ridge.
Upper Montclair
Upper Montclair is Glen Ridge's neighbor to the north. The real estate prices there are a little more expensive. The median home in Upper Montclair costs $766,100, which comes out to $112,700 (14%) higher than Glen Ridge. The rent there is somewhat more expensive. The median monthly rent in Upper Montclair is $2,008, which is $285 (14%) higher than Glen Ridge.
East Orange
East Orange is Glen Ridge's neighbor to the south. Housing prices there are significantly less expensive. The median home in East Orange costs $219,300, which comes out to $434,100 (197%) lower than Glen Ridge. The rent there is substantially less expensive. In East Orange the median monthly rent is $1,114, which is $609 (54%) lower than Glen Ridge.
Silver Lake
Silver Lake is roughly 1 mile southeast of Glen Ridge. Its real estate prices are substantially less expensive. The median home in Silver Lake costs $312,600, which works out to $340,800 (109%) lower than Glen Ridge. Rent there is substantially less expensive. In Silver Lake the median monthly rent is $1,231, which comes out to $492 (39%) lower than Glen Ridge.
North Arlington
North Arlington is approximately 3 miles east from Glen Ridge. Real estate prices there are a lot less expensive. North Arlington's median home value is $363,400, which is $290,000 (79%) lower than Glen Ridge. The rent there is a bit less expensive. In North Arlington the median monthly rent is $1,375, which is $348 (25%) lower than Glen Ridge.
