Property prices for rent in Paramus (New Jersey)

The rent prices in real estate in Paramus, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Paramus has had a strong fall during the last 6 months. In October, the average price per sq.feet was $82.82. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable rise of 159 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $34.96 to $55.5 during February, and March.

Average price

When referring to the price in Paramus (cities), this has fallen in the last 6 months. The average price during our first sample month during October, is $2,297. During November the price went through a considerable rise reaching $3,246. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,575 to $1,234, which means a 48 % fall.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Paramus
Number of properties used in region New Jersey
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** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value