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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Glen Rock, NJ Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Glen Rock, NJ Housing Market Trends

With 12,039 people, 3,652 houses or apartments, and a median cost of homes of $957,105, Glen Rock house prices are not only among the most expensive in New Jersey, Glen Rock real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Glen Rock, accounting for 89.64% of the borough's housing units. Other types of housing that are prevalent in Glen Rock include duplexes, homes converted to apartments or other small apartment buildings ( 3.71%), large apartment complexes or high rise apartments ( 3.58%), and a few row houses and other attached homes ( 2.79%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Glen Rock. Owner-occupied housing accounts for 90.15% of Glen Rock's homes, and 77.06% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Glen Rock's housing was primarily built during this period, from the '40s through the '60s. A full 44.84% of the borough's housing hails from this era. Other housing ages represented in Glen Rock include homes built before 1939 ( 35.64%) and housing constructed between 2000 and later ( 10.18%). There's also some housing in Glen Rock built between 1970-1999 ( 9.34%).

Glen Rock Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Glen Rock, where house values have increased just 45.51%, which is annualized rate of 3.82%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Glen Rock's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Glen Rock's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.

Relative to New Jersey, our data show that Glen Rock's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.

Average Home Values

Median Home Value

$957,105

Glen Rock, NJ Home Prices
> $1,204,000
$903,001 - $1,204,000
$602,001 - $903,000
$482,001 - $602,000
$361,001 - $482,000
$241,001 - $361,000
$120,001 - $241,000
$60,001 - $120,000
$0 - $60,000
21.3%
21.3%
32.4%
32.4%
35.2%
35.2%
4.6%
4.6%
1.0%
1.0%
0.5%
0.5%
3.4%
3.4%
0.4%
0.4%
1.1%
1.1%
0% 100.0%
% of Homes
Very High

for New jersey

Very High

for nation

Number of Homes And Apartments:

3,652

Glen Rock Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,506 / per month

Homeownership Rate

Owners
Renters
90.1%
90.1%
9.9%
9.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.9%
3.9%
96.1%
96.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.2%
10.2%
9.3%
9.3%
44.8%
44.8%
35.6%
35.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
89.6%
89.6%
2.8%
2.8%
3.7%
3.7%
3.6%
3.6%
0.3%
0.3%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.2%
0.2%
1.9%
1.9%
7.0%
7.0%
42.5%
42.5%
34.6%
34.6%
13.9%
13.9%
0% 100.0%
% of Homes