Median home value: $1355K (+10.6% YoY). Rent: $7,776/mo. Price-to-rent: 14.5x. 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$1,355,039
+10.6%
Rent$7,776/mo
AFFORDABILITYRenting $1,629/mo cheaper ($7,776 rent)6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for Spring Lake.
$271,008 on $1,355,039
Out of reach — 150.5% of income
Need $403,071/yr to afford.
PITI$9,405
P/I150.5%
Afford$252K
Gap-$1103K
P&I $6,499Tax $2,789Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing