Home prices
The median home in Watchung is valued at $674,500. This is approximately $296,960 (78%) higher compared to the surrounding areas.It is roughly $457,000 (210%) higher in comparison to the country as a whole, and compared to the city of New York is approximately $68,500 (11%) higher.
Rents
Watchung's median rent is $2,021 a month. It is roughly $372 (22%) higher compared to its nearby areas.It is roughly $959 (90%) higher compared to the rest of the country, and it is about $578 (40%) higher compared to the city of New York.
Nearby places
North Plainfield
North Plainfield is Watchung's neighbor to the south. Housing prices there are substantially less expensive. The median home in North Plainfield costs $272,900, which works out to $401,600 (147%) lower than Watchung. Its rents are substantially less expensive. North Plainfield's median rent is $1,382 per month, which works out to $639 (46%) lower than Watchung.
Plainfield
Plainfield is Watchung's neighbor to the southeast. Real estate prices there are a lot less expensive. Plainfield's median home cost is $257,200, which comes out to $417,300 (162%) lower than Watchung. Its rents are substantially less expensive. In Plainfield the median monthly rent is $1,212, which works out to $809 (66%) lower than Watchung.
Fanwood
Fanwood is about 2 miles east of Watchung. The real estate prices there are substantially less expensive. The median home in Fanwood is valued at $467,800, which works out to $206,700 (44%) lower than Watchung. The rent there is somewhat more expensive. Fanwood's median monthly rent is $2,710, which is $689 (25%) higher than Watchung.
Dunellen
Dunellen is roughly 3 miles south of Watchung. Its real estate prices are significantly less expensive. The median home cost in Dunellen is $282,700, which comes out to $391,800 (138%) lower than Watchung. Rents there are substantially less expensive. The median monthly rent in Dunellen is $1,210, which is $811 (67%) lower than Watchung.
New Providence
New Providence is approximately 4 miles northeast from Watchung. Housing prices there are somewhat less expensive. The median home in New Providence is valued at $607,100, which is $67,400 (11%) lower than Watchung. The rent there is a little less expensive. The median monthly rent in New Providence is $1,733, which is $288 (16%) lower than Watchung.
