Property Prices in Jersey City, NJ, United States

Index Info
Price to Income Ratio: 4.13
Mortgage as Percentage of Income: 33.71%
Loan Affordability Index: 2.97
Price to Rent Ratio - City Centre: 11.25
Price to Rent Ratio - Outside of Centre: 9.88
Gross Rental Yield (City Centre): 8.88%
Gross Rental Yield (Outside of Centre): 10.12%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,837.50 $ 2,000.00-3,500.00
Apartment (1 bedroom) Outside of Centre 1,550.00 $ 1,200.00-2,000.00
Apartment (3 bedrooms) in City Centre 5,125.00 $ 3,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre 2,880.00 $ 2,200.00-4,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 648.33 $ 245.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 315.00 $ 180.00-450.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,275.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.36 4.00-5.43

These data are based on 73 entries in the past 18 months from 27 different contributors.
Last update: June 2023

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far