Property Prices in Jersey City, NJ, United States

Index Info
Price to Income Ratio: 6.37
Mortgage as Percentange of Income: 47.30%
Loan Affordability Index: 2.11
Price to Rent Ratio - City Centre: 15.24
Price to Rent Ratio - Outside of Centre: 8.65
Gross Rental Yield (City Centre): 6.56%
Gross Rental Yield (Outside of Centre): 11.56%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 2,462.89 $ 1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,423.00 $ 1,100.00-1,859.60
Apartment (3 bedrooms) in City Centre 3,177.00 $ 2,140.00-4,648.25
Apartment (3 bedrooms) Outside of Centre 2,008.44 $ 1,600.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 663.93 $ 529.75-949.99
Price per Square Feet to Buy Apartment Outside of Centre 225.35 $ 218.00-235.50
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,754.07 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.23 3.40-4.54

These data are based on 101 entries in the past 18 months from 16 different contributors.
Last update: December 2018

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