House Prices

House Prices & Home Values Garwood, NJ 2026


Average Data

average house price$564,356
average size per house2030 ft²
average price per ft²279 $ / ft²

05/23/2026 - The value range (VR) for house prices in Garwood, NJ is $282/ sqft to $282/ sqft. An average home with 2030 sqft costs approximately $572,460 to $572,460. Garwood, NJ includes 1 ZIP codes and it is located in Union county. The lowest prices are found in ZIP 07027, while the highest are in ZIP 07027. The average price per sqare feet is $279. Our analysis is based on 18 property listings.

Avergage prices by ZIP codes Garwood

07027311 $ / ft²




Historical development of home values in Garwood

Year Estimated value (USD) Change vs. 2025
2010 $262,097 -53.6%
2011 $251,962 -55.4%
2012 $251,283 -55.5%
2013 $260,676 -53.8%
2014 $273,638 -51.5%
2015 $287,682 -49.0%
2016 $302,695 -46.4%
2017 $319,033 -43.5%
2018 $336,671 -40.3%
2019 $352,281 -37.6%
2020 $370,493 -34.4%
2021 $421,395 -25.3%
2022 $491,252 -13.0%
2023 $518,048 -8.2%
2024 $548,018 -2.9%
2025 $564,356 0.0%

Graph: estimated home values in Garwood over time (USD)



Example: 100% financing house in Garwood

Loan amount: $564,356

Interest rate: 6.00%

Fixed monthly payment: $3,383.60

Breakdown in the 1st month:
Interest portion: $2,821.78  –  Principal portion: $561.82

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $33,672.83 $6,930.36 $557,425.64
2 $33,245.39 $7,357.81 $550,067.84
3 $32,791.57 $7,811.62 $542,256.21
4 $32,309.77 $8,293.42 $533,962.79
5 $31,798.25 $8,804.94 $525,157.85
6 $31,255.18 $9,348.01 $515,809.83
7 $30,678.61 $9,924.58 $505,885.25
8 $30,066.49 $10,536.71 $495,348.55
9 $29,416.61 $11,186.59 $484,161.96
10 $28,726.64 $11,876.55 $472,285.41
11 $27,994.12 $12,609.07 $459,676.34
12 $27,216.42 $13,386.77 $446,289.57
13 $26,390.76 $14,212.44 $432,077.13
14 $25,514.16 $15,089.03 $416,988.10
15 $24,583.51 $16,019.69 $400,968.42
16 $23,595.45 $17,007.75 $383,960.67
17 $22,546.45 $18,056.75 $365,903.92
18 $21,432.74 $19,170.45 $346,733.48
19 $20,250.35 $20,352.84 $326,380.64
20 $18,995.03 $21,608.16 $304,772.48
21 $17,662.29 $22,940.90 $281,831.58
22 $16,247.35 $24,355.85 $257,475.73
23 $14,745.13 $25,858.06 $231,617.67
24 $13,150.26 $27,452.93 $204,164.74
25 $11,457.03 $29,146.17 $175,018.57
26 $9,659.35 $30,943.84 $144,074.74
27 $7,750.81 $32,852.39 $111,222.35
28 $5,724.54 $34,878.65 $76,343.70
29 $3,573.30 $37,029.89 $39,313.81
30 $1,289.38 $39,313.81 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Garwood, NJ


1500 sqft3900 sqft
Ø selling price$506,386$1,077,219
Ø fast selling$460,351$969,498
Ø high price sale$552,420$1,184,941

In 2026, houses in Garwood, NJ will be offered at an average price of $279 per square foot. A 1,500 sqft home priced at $506,386 is 25.30% more expensive per square foot than a 3,900 sqft home priced at $1,077,219. Home prices in Garwood, NJ vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $745,768. Sellers who can wait longer may achieve a higher price of up to $911,494.


Garwood, NJ: Small-Town Charm with Big Convenience

Garwood, NJ is a welcoming small borough in Union County known for its walkable downtown and friendly community vibe.

Location and Transportation

Located between Westfield and Cranford, Garwood offers a strategic location with quick access to Route 22 and the Garden State Parkway.
Commuters appreciate the Garwood NJ Transit station, which provides convenient rail connections to Newark and New York City.

Downtown, Shopping, and Dining

The borough?s business district features a mix of local shops, cafes, and diverse dining that draws visitors from neighboring towns.
Small businesses benefit from Garwood?s central Union County location, ample parking, and supportive local government.

Housing and Schools

Homebuyers find a range of real estate options in Garwood, NJ, from charming capes and colonials to modern townhomes.
Families value the strong school partnerships with the Clark public schools and nearby county magnet programs.

Parks and Community

Outdoor enthusiasts enjoy Unami Park, local playgrounds, and community fields for year-round recreation.
Community events such as street fairs, holiday parades, and summer concerts create a tight-knit small-town feel.
Whether you are visiting for shopping and dining or planning a move, Garwood, NJ delivers convenience, character, and a strong sense of place.



FAQ – Home Values in Garwood

What is the median home value in Garwood in 2026?

In 2026, the typical home value in Garwood is about $564,356 for an average home size of 2030 square feet. This corresponds to an average price of roughly $279 per square foot.

What is the average cost per square foot in Garwood?

In 2026, homes in Garwood sell for an average of around $279 per square foot, with a typical range between $282 and $282 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Garwood is about 2030 square feet, with an estimated 2026 value around $564,356.



Locations close to Garwood, NJ

Glen Ridge, NJ248 $ / ft²
Harrison, NJ621 $ / ft²
Hoboken, NJ828 $ / ft²
Garfield, NJ287 $ / ft²
Fort Lee, NJ441 $ / ft²
Fanwood, NJ296 $ / ft²
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