Median home value: $654K (+2.5% YoY). Rent: $2,704/mo. Price-to-rent: 20.2x. Part of New York-Newark-Jersey City, NY-NJ-PA.
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Basic Zillow data only. For stress scores, AI analysis, and trends, New York-Newark-Jersey City, NY-NJ-PA metro page.
Home Value$654,328
+2.5%
Rent$2,704/mo
AFFORDABILITYRenting $1,898/mo cheaper ($2,704 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Boonton.
$130,866 on $654,328
Out of reach — 73.6% of income
Need $197,229/yr to afford.
PITI$4,602
P/I73.6%
Afford$249K
Gap-$406K
P&I $3,138Tax $1,347Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing