Property Prices in Jersey City, NJ, United States

Index Info
Price to Income Ratio: 5.61
Mortgage as Percentage of Income: 50.64%
Loan Affordability Index: 1.97
Price to Rent Ratio - City Centre: 9.91
Price to Rent Ratio - Outside of Centre: 11.48
Gross Rental Yield (City Centre): 10.09%
Gross Rental Yield (Outside of Centre): 8.71%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,315.00 $ 2,700.00-4,400.00
Apartment (1 bedroom) Outside of Centre 2,450.00 $ 2,000.00-2,700.00
Apartment (3 bedrooms) in City Centre 6,166.67 $ 4,500.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 3,683.33 $ 3,000.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 676.14 $ 527.96-1,699.99
Price per Square Feet to Buy Apartment Outside of Centre 527.81 $ 500.00-563.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,777.45 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.62 6.19-7.50

These data are based on 114 entries from 33 contributors over the past 18 months.
Last update: 30 May 2025

Sources and References
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