Median home value: $542K (+1.8% YoY). Rent: $1,982/mo. Price-to-rent: 22.8x. 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$542,495
+1.8%
Rent$1,982/mo
AFFORDABILITYRenting $1,853/mo cheaper ($1,982 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Budd Lake.
$108,499 on $542,495
Out of reach — 61.4% of income
Need $164,357/yr to afford.
PITI$3,835
P/I61.4%
Afford$248K
Gap-$295K
P&I $2,602Tax $1,117Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing