New Jersey housing market
Typical home value
$575K
▲ 4.0% 1 yr
5-year change
+35%
U.S. +20%
Median city rent
$2,614/mo
85 cities
Unemployment rate
4.2%
Median household income
$111K
2025
Key takeaways
- 1The typical home in New Jersey is worth $575,123, up 4.0% in a year and up 35% over five years. That's the #5 most expensive of 51.
- 2Across 85 cities with rent data, median typical rent is $2,614/mo, roughly a 5.5% gross yield on the typical home.
- 3Median household income was $111,400 in 2025, so the typical home costs 5.2× income.
- 4Unemployment is 4.2% (−1.3 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
New Jersey metro areas
Trenton, NJ
$440K home$2,523 rent6.9% yield
▲ 0.2% 1 yr
Atlantic City, NJ
$383K home$2,049 rent6.4% yield
▲ 4.0% 1 yr
Vineland, NJ
$273K home$1,649 rent7.2% yield
▲ 0.9% 1 yr
New Jersey cities
85 cities, largest first. Click a column to sort.
85 cities
| Newark | $480K | ▼ 1.0% | $2,111 | ▲ 0.3% | 5.3% |
| Jersey City | $657K | ▲ 0.4% | $3,101 | ▲ 3.1% | 5.7% |
| Trenton | $343K | ▼ 1.8% | $2,030 | ▲ 0.2% | 7.1% |
| Paterson | $541K | ▲ 5.0% | $1,889 | ▲ 0.6% | 4.2% |
| Elizabeth | $552K | ▲ 2.9% | $2,230 | ▲ 0.9% | 4.8% |
| Toms River | $463K | ▲ 3.8% | $3,026 | ▲ 4.6% | 7.8% |
| Edison | $636K | ▲ 2.2% | $2,787 | ▲ 2.2% | 5.3% |
| Clifton | $609K | ▲ 3.8% | $2,605 | ▲ 5.2% | 5.1% |
| Brick | $522K | ▲ 5.5% | $2,718 | ▲ 4.7% | 6.3% |
| Camden | $149K | ▼ 3.2% | $1,787 | ▲ 0.8% | 14.4% |
| Passaic | $555K | ▲ 2.1% | $2,055 | ▼ 1.2% | 4.4% |
| East Orange | $477K | ▲ 0.4% | $1,994 | ▼ 0.8% | 5.0% |
| Union City | $559K | ▲ 5.0% | $2,343 | ▲ 4.8% | 5.0% |
| North Bergen Township | $574K | ▲ 1.7% | $2,869 | ▲ 4.3% | 6.0% |
| Piscataway | $597K | ▲ 2.6% | $2,636 | ▼ 0.6% | 5.3% |
| Irvington | $420K | ▲ 5.3% | $1,939 | ▲ 2.3% | 5.5% |
| Union | $573K | ▲ 3.3% | $2,589 | ▲ 4.9% | 5.4% |
| Hoboken | $894K | ▲ 5.1% | $4,005 | ▲ 3.8% | 5.4% |
| Bayonne | $588K | ▲ 2.4% | $2,342 | ▲ 2.7% | 4.8% |
| Freehold | $649K | ▲ 5.3% | $2,901 | ▲ 2.9% | 5.4% |
| Jackson | $640K | ▲ 2.0% | $3,281 | ▲ 5.7% | 6.2% |
| Princeton | $954K | ▲ 3.3% | $3,350 | ▲ 3.7% | 4.2% |
| Somerset | $571K | ▲ 2.6% | $2,648 | ▼ 1.0% | 5.6% |
| New Brunswick | $439K | ▲ 0.2% | $2,820 | ▲ 2.5% | 7.7% |
| Wayne | $747K | ▲ 7.1% | $2,877 | ▲ 2.3% | 4.6% |
| West New York | $448K | ▲ 3.3% | $2,547 | ▲ 2.9% | 6.8% |
| Bloomfield | $606K | ▲ 3.0% | $2,418 | ▲ 2.5% | 4.8% |
| Sicklerville | $380K | ▲ 2.7% | $2,361 | ▲ 3.8% | 7.5% |
| East Brunswick | $626K | ▲ 3.8% | $2,751 | ▲ 1.4% | 5.3% |
| West Orange | $690K | ▲ 9.4% | $2,920 | ▲ 7.0% | 5.1% |
| Evesham Township | $497K | ▲ 3.4% | $2,461 | ▲ 4.3% | 5.9% |
| Morristown | $906K | ▲ 6.5% | $3,119 | ▲ 1.6% | 4.1% |
| Hackensack | $463K | ▲ 3.8% | $2,723 | ▲ 3.5% | 7.1% |
| Bridgewater Township | $736K | ▲ 2.8% | $2,988 | ▲ 3.8% | 4.9% |
| Mt Laurel Township | $399K | ▲ 2.7% | $2,404 | ▲ 4.7% | 7.2% |
| Linden | $548K | ▲ 2.0% | $2,468 | ▲ 3.4% | 5.4% |
| North Brunswick | $544K | ▲ 1.8% | $2,527 | ▲ 0.4% | 5.6% |
| Kearny | $579K | ▲ 1.8% | $2,108 | ▲ 1.7% | 4.4% |
| Montclair | $1.15M | ▲ 8.8% | $3,114 | ▲ 2.4% | 3.2% |
| Manalapan Township | $805K | ▲ 5.1% | $2,604 | ▲ 4.8% | 3.9% |
| Fort Lee | $593K | ▲ 7.9% | $3,792 | ▲ 2.7% | 7.7% |
| Belleville | $515K | ▲ 3.7% | $2,317 | ▲ 1.5% | 5.4% |
| Atlantic City | $219K | ▲ 3.1% | $1,812 | ▲ 0.2% | 9.9% |
| Neptune Township | $626K | ▲ 7.1% | $2,461 | ▲ 6.0% | 4.7% |
| Orange | $462K | ▼ 0.7% | $1,968 | ▼ 1.5% | 5.1% |
| Matawan | $659K | ▲ 5.1% | $2,711 | ▼ 1.1% | 4.9% |
| Garfield | $589K | ▲ 2.7% | $2,433 | ▲ 7.8% | 5.0% |
| Lawrence Township | $461K | ▲ 1.3% | $2,572 | ▲ 2.9% | 6.7% |
| Livingston | $1.09M | ▲ 5.7% | $4,260 | ▲ 2.3% | 4.7% |
| Phillipsburg | $336K | ▲ 1.9% | $1,988 | ▲ 3.0% | 7.1% |
| Long Branch | $825K | ▲ 8.7% | $2,678 | ▲ 4.1% | 3.9% |
| Rahway | $538K | ▲ 1.5% | $2,472 | ▲ 4.0% | 5.5% |
| Englewood | $629K | ▲ 2.7% | $2,999 | ▲ 4.2% | 5.7% |
| Lodi | $626K | ▲ 5.8% | $2,408 | ▲ 2.3% | 4.6% |
| Cliffside Park | $625K | ▲ 1.1% | $3,041 | ▲ 1.1% | 5.8% |
| Carteret | $560K | ▲ 6.0% | $2,430 | ▲ 1.8% | 5.2% |
| Red Bank | $730K | ▲ 10.6% | $3,256 | ▲ 1.5% | 5.3% |
| Cranford | $774K | ▲ 6.9% | $3,119 | ▲ 2.2% | 4.8% |
| Parlin | $546K | ▲ 5.8% | $3,014 | ▲ 4.9% | 6.6% |
| Roselle | $516K | ▲ 1.7% | $2,495 | ▲ 1.4% | 5.8% |
| Summit | $1.41M | ▲ 13.1% | $2,977 | ▲ 1.1% | 2.5% |
| Glassboro | $368K | ▲ 3.2% | $2,749 | ▲ 1.2% | 9.0% |
| South Amboy | $522K | ▲ 2.9% | $2,500 | ▲ 3.0% | 5.7% |
| Secaucus | $658K | ▲ 3.7% | $3,058 | ▲ 3.7% | 5.6% |
| Morris Plains | $729K | ▲ 4.2% | $3,565 | ▲ 3.5% | 5.9% |
| Woodbridge | $478K | ▲ 2.3% | $2,464 | ▲ 3.8% | 6.2% |
| South Orange | $1.08M | ▲ 5.4% | $3,094 | ▲ 3.7% | 3.5% |
| Chatham | $1.37M | ▲ 11.1% | $3,106 | ▲ 3.9% | 2.7% |
| Harrison | $584K | ▲ 0.9% | $2,663 | ▲ 1.0% | 5.5% |
| Pennsauken | $314K | ▲ 8.1% | $2,427 | ▲ 5.1% | 9.3% |
| Iselin | $554K | ▲ 3.9% | $2,614 | ▼ 1.2% | 5.7% |
| Madison | $1.02M | ▲ 8.2% | $3,423 | ▲ 2.4% | 4.0% |
| Metuchen | $688K | ▲ 2.4% | $2,773 | ▲ 5.6% | 4.8% |
| Weehawken | $878K | ▲ 4.1% | $3,854 | ▲ 2.9% | 5.3% |
| Highland Park | $591K | ▲ 3.3% | $2,447 | ▲ 7.3% | 5.0% |
| Asbury Park | $702K | ▲ 7.5% | $2,684 | ▲ 3.5% | 4.6% |
| Haddonfield | $854K | ▲ 7.4% | $2,035 | ▲ 11.2% | 2.9% |
| Collingswood | $453K | ▲ 6.4% | $1,610 | ▲ 4.3% | 4.3% |
| Edgewater | $703K | ▲ 5.0% | $3,628 | ▲ 4.6% | 6.2% |
| Somerville | $543K | ▲ 2.8% | $2,270 | ▲ 5.0% | 5.0% |
| Guttenberg | $410K | ▲ 2.1% | $2,436 | ▼ 0.2% | 7.1% |
| East Rutherford | $644K | ▲ 5.6% | $2,828 | ▲ 10.4% | 5.3% |
| Ventnor City | $651K | ▲ 11.7% | $1,973 | ▲ 36.8% | 3.6% |
| Spring Lake | $1.52M | ▲ 16.6% | $3,288 | ▲ 41.7% | 2.6% |
| Margate City | $1.15M | ▲ 13.7% | $1,858 | ▲ 21.1% | 1.9% |
Data refreshed Oct 26, 2026.