The median home in Boonton, New Jersey is valued at $654,328, up 2.5% year over year. Typical monthly rent is $2,704, producing a price-to-rent ratio of 20.2x — well above the national average of 18x. Boonton 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.

See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →

Home Value$654,328

+2.5%

Rent$2,704/mo

AFFORDABILITY

Enter your income for Boonton.

Income (annual)

Down Payment

$130,866 on $654,328

Out of reach — 76.4% of income

Need $204,514/yr to afford.

PITI$4,772

P/I76.4%

Afford$240K

Gap-$414K

P&I $3,309Tax $1,347Ins $117

Renting $2,068/mo cheaper ($2,704 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Boonton with other housing markets across New Jersey.

Deal$4213K Alpine$2955K Loch Arbour$2880K Avalon$2630K Stone Harbor$2477K Bay Head$2362K Sea Girt$2305K Short Hills$2258K

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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BOONTON, NJ