The median home in Elmwood Park, New Jersey is valued at $603,264, up 2.9% year over year. Typical monthly rent is $2,510, producing a price-to-rent ratio of 20x — near the national average of 18x. Elmwood Park is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →
Home Value$603,264
+2.9%
Rent$2,510/mo
AFFORDABILITYRenting $1,899/mo cheaper ($2,510 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Elmwood Park.
$120,653 on $603,264
Out of reach — 70.5% of income
Need $188,957/yr to afford.
PITI$4,409
P/I70.5%
Afford$239K
Gap-$364K
P&I $3,050Tax $1,242Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
Compare Elmwood Park with other housing markets across New Jersey.
Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
View New York-Newark-Jersey City, NY-NJ-PA metro →