$3,450 Per Month
- 1 Bed
- 1.5 Baths
- Condo for Rent
2 Claridge Dr Unit 11JE, Verona, NJ 07044
Francis Cantone Bella & Spike's LLC
Frequently Asked Questions
How much does it cost to rent a condo in Verona, NJ?
The median rent for a condo in Verona, NJ is $3,175 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Verona, NJ?
To comfortably afford the median rent in Verona, NJ, a household needs to earn roughly $113,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,825 per month in Verona, NJ, renters typically need to show $8,475 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Verona, NJ?
In Verona, NJ, the price-to-rent ratio is 23.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Verona, NJ are best for renting a condo?
The best neighborhood for renting in Verona, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Montclair Heights, North Broadway, Lower Roseville and Upper Vailsburg, each with its own character and price range.
