The median home in Garfield, New Jersey is valued at $570,335, up 1.3% year over year. Typical monthly rent is $2,498, producing a price-to-rent ratio of 19x — near the national average of 18x. Garfield 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$570,335

+1.3%

Rent$2,498/mo

AFFORDABILITY

Enter your income for Garfield.

Income (annual)

Down Payment

$114,067 on $570,335

Out of reach — 66.8% of income

Need $178,929/yr to afford.

PITI$4,175

P/I66.8%

Afford$239K

Gap-$331K

P&I $2,884Tax $1,174Ins $117

Renting $1,677/mo cheaper ($2,498 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Garfield with other housing markets across New Jersey.

Deal$4213K Alpine$2955K Loch Arbour$2880K Avalon$2630K Stone Harbor$2477K Bay Head$2362K Sea Girt$2305K Short Hills$2258K

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 →

GARFIELD, NJ