Property Prices in Jersey City, NJ, United States

Index Info
Price to Income Ratio: 7.03
Mortgage as Percentage of Income: 64.12%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 13.03
Price to Rent Ratio - Outside of Centre: 15.02
Gross Rental Yield (City Centre): 7.68%
Gross Rental Yield (Outside of Centre): 6.66%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,165.38 $ 2,300.00-4,000.00
Apartment (1 bedroom) Outside of Centre 2,275.00 $ 2,000.00-2,800.00
Apartment (3 bedrooms) in City Centre 6,100.00 $ 3,500.00-7,700.00
Apartment (3 bedrooms) Outside of Centre 3,742.86 $ 2,600.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 862.49 $ 527.96-998.99
Price per Square Feet to Buy Apartment Outside of Centre 665.65 $ 527.96-824.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,853.54 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.75 6.00-7.78

These data are based on 132 entries in the past 18 months from 36 different contributors.
Last update: July 2024

Sources and References
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