Property Prices in Jersey City, NJ, United States

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Index Info
Price to Income Ratio: 8.11
Mortgage as Percentage of Income: 74.55%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 14.55
Price to Rent Ratio - Outside of Centre: 15.20
Gross Rental Yield (City Centre): 6.87%
Gross Rental Yield (Outside of Centre): 6.58%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,303.85 $ 2,500.00-4,400.00
Apartment (1 bedroom) Outside of Centre 2,444.44 $ 2,000.00-6,000.00
Apartment (3 bedrooms) in City Centre 6,462.50 $ 3,500.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 4,025.00 $ 2,600.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,012.12 $ 699.99-1,249.99
Price per Square Feet to Buy Apartment Outside of Centre 724.24 $ 527.96-999.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,762.50 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.85 6.00-8.00

These data are based on 153 entries in the past 18 months from 40 different contributors.
Last update: July 2024

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