Property Prices in Jersey City, NJ, United States

Index Info
Price to Income Ratio: 6.63
Mortgage as Percentange of Income: 49.35%
Loan Affordability Index: 2.03
Price to Rent Ratio - City Centre: 16.52
Price to Rent Ratio - Outside of Centre: 8.79
Gross Rental Yield (City Centre): 6.05%
Gross Rental Yield (Outside of Centre): 11.38%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 2,391.29 $ 1,500.00-2,806.50
Apartment (1 bedroom) Outside of Centre 1,436.33 $ 1,100.00-1,859.60
Apartment (3 bedrooms) in City Centre 3,228.21 $ 2,000.00-4,648.25
Apartment (3 bedrooms) Outside of Centre 1,955.67 $ 1,500.00-2,800.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 710.62 $ 553.49-949.99
Price per Square Feet to Buy Apartment Outside of Centre 227.80 $ 218.00-550.00
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,809.33 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.27 3.40-4.54

These data are based on 100 entries in the past 18 months from 18 different contributors.
Last update: February 2019

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