Why Live in Garwood
Garwood is a neighborhood with a rich industrial history, now characterized by a mix of old and new construction, including modest bungalows, Cape Cods, and Colonials from the 1920s, alongside newer homes. The area is known for its sense of community, with families often staying for generations. Garwood's public school, Lincoln Franklin, and Cranford Senior High School both have high ratings, providing strong educational opportunities. The neighborhood offers various things to do, such as visiting Unami Park with its sports fields and playground, or the Garwood Sports and Recreation Complex, which hosts community events like the annual Easter Egg Hunt. Dining options include Lorenzo’s for Italian cuisine and The Juice House for healthy refreshments. Garwood Rocks Festival in June brings the community together with food trucks, crafts, and live music. The area is walkable, with sidewalks lining the streets and a commuter rail station within reach, connecting residents to Newark Penn Station and Manhattan. The neighborhood is safer than the national average, and local amenities include supermarkets like Kings, Lidl, and ShopRite. For entertainment, residents can visit Garwood Lanes for bowling, Crossroads for trivia and karaoke, and the Garwood Public Library, which offers free passes to New York City attractions. The proximity to major highways and airports like Newark Liberty International, just over 10 miles away, adds to the convenience of living in Garwood.
Frequently Asked Questions
What is the average home price in Garwood, NJ?
Homes for sale in Garwood, NJ have an average home price of $701,644.
How many homes have sold over the last 12 months in Garwood, NJ?
27 homes have sold in Garwood, NJ over the last 12 months.
What are the most popular zip codes in Garwood, NJ?
How much do you need to make to afford a house in Garwood?
The median home price in Garwood is $699,999. If you put a 20% down payment of $140,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $3,640 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $156K a year to afford the median home price in Garwood.
How are the schools in Garwood, NJ?
Home Trends in Garwood, NJ
On average, homes in Garwood, NJ sell after 26 days on the market compared to the national average of 50 days. The median sale price for homes in Garwood, NJ over the last 12 months is $701,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$701,000
Median Single Family Sale Price
$686,250
Median Townhouse Sale Price
$775,000
Average Price Per Sq Ft
$399
Number of Homes for Sale
8
Last 12 months Home Sales
27
Median List Price
$699,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
