A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Paterson vs Harrison vs Carteret vs Garfield

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Paterson

NJ

$2,054

YoY change
+7.5%
Vacancy
2.5%
2-BR rent
Cap rate
Renter share
73.1%

Harrison

NJ

$2,567

YoY change
+1.0%
Vacancy
5.1%
2-BR rent
Cap rate
Renter share
78.9%

Carteret

NJ

$2,343

YoY change
+0.9%
Vacancy
1.5%
2-BR rent
Cap rate
Renter share
45.3%

Garfield

NJ

$2,428

YoY change
+11.7%
Vacancy
4.3%
2-BR rent
Cap rate
Renter share
55.3%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Paterson vs Harrison vs Carteret vs Garfield

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric PatersonHarrisonCarteretGarfield
Median household income $55,997$93,013$96,862$79,700
Median age 33.333.838.238.8
Renter household share 73.1%78.9%45.3%55.3%
YoY rent change +7.5%+1.0%+0.9%+11.7%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.