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Avg. RentAnnual Change
Studio - $1,502+4%
1 Bed - $2,067+17%
2 Beds - $2,050+6%
Last updated 12/8/2022

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Overview of Caldwell

Settled in the early 18th century, Caldwell, N.J., was one of the first communities created by Europeans making their way out of Newark and New York. Designated as Caldwell Township in 1798, Caldwell is now officially called a borough. It still retains its historic charm, boasting early American architecture, mature trees and pleasant greenery.

Although it is technically considered a suburb of both New York City and Newark, Caldwell evolved prior to suburban sprawl as an independent borough. It's urban design, architecture and community center were shaped long before those of most suburbs, giving Caldwell a unique and charming appearance that is difficult to find in modern suburban cities. Additionally, 51.3 percent of homes in Caldwell are renter-occupied, making it a great market for those searching for Caldwell apartments for rent.

A discussion of Caldwell wouldn't be complete without mentioning its political roots. Most famously, Caldwell was the birthplace of the 22nd and 24th president of the United States, Grover Cleveland. The borough was also the scene of the Horse Neck Riots of the 1740s, one of the first examples of American challenges of British authority.

Living in Caldwell, NJ

With a population of just 7,822, this charming small town is located 23 miles from New York City and 14 miles from Newark. It's charming village feel and historic landscapes make it easy to forget that it is part of the New York metro. Connected to other parts of the area by NJ Transit and DeCamp buses, Caldwell is accessible, relatively convenient and truly quaint.

Historic Downtown Caldwell is still a site of business to this day. Various shops, restaurants, stores and entertainment venues line Bloomfield Avenue, while housing can be found just around the corner. Residents also enjoy a community center, a farmers market and public library.

Caldwell residents are privy to one of the most comprehensive recreation programs in New Jersey. Parks, recreational facilities, program and kids' activities make Caldwell a great place to raise a family.

Caldwell Work and Study

Although Caldwell is not home to any major universities or colleges, numerous opportunities exist within 10 miles of the borough. Montclair State University, Seton Hall University, Berkeley College, Passaic County Community College, William Paterson University of New Jersey and Rutgers University are all located within short distance of Caldwell.

Established as a bedroom community since the post-War era, Caldwell is home to many commuters. The majority of residents commute to Newark, New York City or other surrounding cities. Caldwell's population decreases by about 17.4 percent during working hours. However, many of the city's residents are local business owners and tradesmen.

Rentals in Caldwell, NJ and Cost of Living

Those searching for Caldwell rentals will be happy to discover its rental rate of more than 50 percent. Caldwell's median gross rent in 2010 was $1,298, according to U.S. Census data.

Incoming residents should also be aware of Caldwell's relatively high cost of living, compared with the rest of the nation. The cost of living index in Caldwell is 120.1, which is 20.1 percent higher than the national average. However, Caldwell's living costs are fairly representative of the New York City metro area.

Caldwell Attractions and Special Events

Grover Cleveland is Caldwell's greatest claim to fame, so two of Caldwell's major attractions are centered on the late former U.S. President. Grover Cleveland's birthplace was built in 1832, and was then the pastor's residence for the Presbyterian Church at Caldwell. The house opened to the public as a museum in 1913. Grover Cleveland Park is also located in Caldwell, and is an attractive area for both locals and visitors to relax and enjoy some fun in the sun.

To find a Caldwell apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.

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