Median home value: $583K (+1.8% YoY). Rent: $2,292/mo. Price-to-rent: 21.2x. Part of New York-Newark-Jersey City, NY-NJ-PA.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$582,818
+1.8%
Rent$2,292/mo
AFFORDABILITYRenting $1,820/mo cheaper ($2,292 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Bloomfield.
$116,564 on $582,818
Out of reach — 65.8% of income
Need $176,229/yr to afford.
PITI$4,112
P/I65.8%
Afford$248K
Gap-$335K
P&I $2,795Tax $1,200Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing