Property Prices in Jersey City, NJ, United States
| Index |  |
|---|---|
| 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 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,550.00 $ | |
| Apartment (3 bedrooms) in City Centre | 5,125.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,880.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 648.33 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 315.00 $ | |
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 |
These data are based on 73 entries in the past 18 months from 27 different contributors.
Last update: June 2023
Sources and References
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