Median home value: $655K (-1.4% YoY). Rent: $3,077/mo. Price-to-rent: 17.7x. 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$654,778
-1.4%
Rent$3,077/mo
AFFORDABILITYRenting $1,528/mo cheaper ($3,077 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Jersey City.
$130,956 on $654,778
Out of reach — 73.7% of income
Need $197,357/yr to afford.
PITI$4,605
P/I73.7%
Afford$249K
Gap-$406K
P&I $3,141Tax $1,348Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing