Home prices
The median home in Paramus is valued at $600,200. In comparison to other places in this area this is roughly $73,460 (13%) higher.Compared to the United States as a whole it is approximately $382,700 (175%) higher, and it is is very similar compared to the city of New York.
Rents
Paramus's median rent is $2,011 per month. In comparison to its surrounding areas it is roughly $378 (23%) higher.In comparison to the entire country it is about $949 (89%) higher, and it is roughly $568 (39%) higher in comparison to the city of New York.
Nearby places
River Edge
River Edge is Paramus's neighbor to the southeast. The housing prices there are a little less expensive. The median home in River Edge costs $520,800, which is $79,400 (15%) lower than Paramus. The rent there is a bit less expensive. In River Edge the median monthly rent is $1,676, which works out to $335 (19%) lower than Paramus.
Oradell
Oradell is Paramus's neighbor to the east. The real estate prices there are similar. The median home in Oradell costs $615,500, which is $15,300 (2%) higher than Paramus. Its rents are a bit less expensive. Oradell's median rent is $1,651 a month, which is $360 (21%) lower than Paramus.
Fair Lawn
Fair Lawn is Paramus's neighbor to the west. Its housing prices are significantly less expensive. The median home in Fair Lawn is valued at $424,000, which is $176,200 (41%) lower than Paramus. Its rents are somewhat less expensive. In Fair Lawn the median rent is $1,560 a month, which is $451 (28%) lower than Paramus.
Glen Rock
Glen Rock is Paramus's neighbor to the west. The real estate prices there are a little more expensive. The median home price in Glen Rock is $646,600, which works out to $46,400 (7%) higher than Paramus. Rents there are a bit less expensive. Glen Rock's median monthly rent is $1,840, which comes out to $171 (9%) lower than Paramus.
New Milford
New Milford is roughly 2 miles east of Paramus. The real estate prices there are a lot less expensive. The median home value in New Milford is $426,800, which comes out to $173,400 (40%) lower than Paramus. Rents there are significantly less expensive. The median monthly rent in New Milford is $1,438, which works out to $573 (39%) lower than Paramus.
