Why Live in Garwood
Garwood, NJ, is a small community with a rich industrial history dating back to the early 20th century. The town features a mix of old and new construction, with modest bungalows, Cape Cods, and Colonials from the 1920s alongside newer homes. The area is known for its compact lot sizes and tree-lined streets with sidewalks. Garwood is home to Lincoln Franklin School, which serves grades pre-kindergarten through eight and is highly rated. Students typically continue their education at Cranford Senior High School, which offers a variety of specialized academies and dual enrollment opportunities with universities like Rutgers and Syracuse.
Local amenities include several parks such as Unami Park and the Garwood Sports and Recreation Complex, providing spaces for baseball, soccer, and playground activities. The town also hosts the annual Garwood Rocks Festival, featuring food trucks, crafts, and live music. For indoor activities, residents can enjoy bowling at Garwood Lanes or trivia nights at Crossroads. The Garwood Public Library offers free passes to New York City attractions, enhancing the cultural experience.
Garwood's downtown area is self-sufficient with grocery stores like Kings, Lidl, and ShopRite, and a variety of dining options including Lorenzo’s and Nola’s Osteria & Pizza. The community is well-connected, with the Raritan Valley Line providing easy access to Newark Penn Station and beyond. Newark Liberty International Airport is just over 10 miles away, making travel convenient. Overall, Garwood offers a blend of historical charm and modern conveniences, making it a practical choice for families and commuters alike.
Frequently Asked Questions
What is the average home price in Garwood, NJ?
Homes for sale in Garwood, NJ have an average home price of $761,000.
Are home prices dropping in Garwood?
Yes, home prices in Garwood are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Garwood, NJ?
7 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 $788,000. If you put a 20% down payment of $157,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $4,080 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $175K 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 8 days on the market compared to the national average of 70 days. The median sale price for homes in Garwood, NJ over the last 12 months is $788,000, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$788,000
Median Single Family Sale Price
$788,000
Median Townhouse Sale Price
$700,000
Number of Homes for Sale
0
Last 12 months Home Sales
7
Median List Price
$788,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-10%