The median home in Jersey City, New Jersey is valued at $654,778, down 1.4% year over year. Typical monthly rent is $3,077, producing a price-to-rent ratio of 17.7x — near the national average of 18x. Jersey City 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$654,778
-1.4%
Rent$3,077/mo
AFFORDABILITYRenting $1,698/mo cheaper ($3,077 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Jersey City.
$130,956 on $654,778
Out of reach — 76.4% of income
Need $204,643/yr to afford.
PITI$4,775
P/I76.4%
Afford$240K
Gap-$415K
P&I $3,311Tax $1,348Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in New Jersey
Compare Jersey City with other housing markets across New Jersey.
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.
View New York-Newark-Jersey City, NY-NJ-PA metro →