Similar to its surrounding areas, it is substantially more expensive compared to the rest of the nation. Compared to even the city of New York, it is a bit more expensive.
Home prices
The price of the median home in Old Tappan is $790,300. This is is very similar in comparison to nearby areas.It is roughly $572,800 (263%) higher compared to the rest of the country, and is approximately $184,300 (30%) higher compared to the city of New York.
Rents
The median rent in Old Tappan is $2,154 per month. This is about $282 (15%) higher in comparison to its surrounding areas.It is roughly $1,092 (102%) higher in comparison to the country as a whole, and compared to the city of New York is about $711 (49%) higher.
Nearby places
Northvale
Northvale is Old Tappan's neighbor to the east. Its housing prices are substantially less expensive. The median home cost in Northvale is $463,100, which is $327,200 (70%) lower than Old Tappan. Rent there is substantially less expensive. In Northvale the median monthly rent is $1,614, which is $540 (33%) lower than Old Tappan.
Tappan
Tappan is Old Tappan's neighbor to the northeast. The real estate prices there are significantly less expensive. Tappan's median home value is $497,700, which is $292,600 (58%) lower than Old Tappan. The rent there is fairly similar. In Tappan the median monthly rent is $2,256, which works out to $102 (4%) higher than Old Tappan.
Harrington Park
Harrington Park is Old Tappan's neighbor to the south. Housing prices there are somewhat less expensive. The median home cost in Harrington Park is $601,200, which is $189,100 (31%) lower than Old Tappan. Rents there are somewhat more expensive. The median rent in Harrington Park is $2,514 per month, which works out to $360 (14%) higher than Old Tappan.
Norwood
Norwood is Old Tappan's neighbor to the southeast. Its housing prices are somewhat less expensive. The median home in Norwood is valued at $626,700, which works out to $163,600 (26%) lower than Old Tappan. Rent there is a bit less expensive. Norwood's median monthly rent is $1,851, which is $303 (16%) lower than Old Tappan.
Rockleigh
Rockleigh is about 2 miles east of Old Tappan. Real estate prices there are a lot more expensive. The median home value in Rockleigh is $1,737,500, which is $947,200 (54%) higher than Old Tappan. Its rents are substantially less expensive. The median rent in Rockleigh is $1,125 per month, which is $1,029 (91%) lower than Old Tappan.
