The median home in Bloomfield, New Jersey is valued at $582,818, up 1.8% year over year. Typical monthly rent is $2,292, producing a price-to-rent ratio of 21.2x — well above the national average of 18x. Bloomfield is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$582,818
+1.8%
Rent$2,292/mo
AFFORDABILITYRenting $1,971/mo cheaper ($2,292 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Bloomfield.
$116,564 on $582,818
Out of reach — 68.2% of income
Need $182,700/yr to afford.
PITI$4,263
P/I68.2%
Afford$239K
Gap-$344K
P&I $2,947Tax $1,200Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full New York-Newark-Jersey City, NY-NJ-PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.
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