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Property Prices in Jersey City, NJ, United States
| Index |  |
|---|---|
| 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 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,423.00 $ | |
| Apartment (3 bedrooms) in City Centre | 3,177.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,008.44 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 663.93 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 225.35 $ | |
| 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 |
These data are based on 101 entries in the past 18 months from 16 different contributors.
Last update: December 2018
Sources and References:
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