Housing costs in East Amwell?
A typical home costs
$517,200, which is 53.0% more expensive than the national average of
$338,100 and 19.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in East Amwell costs
$2,320 per month, which is 62.2% more than the national average of
$1,430 and 26.3% more than the state average of
$1,710.
Can I afford East Amwell?
To live comfortably in East Amwell, New Jersey, a minimum annual income of
$99,000 for a family, and
$73,200 for a single person is recommended.
What does A.I. say about East Amwell?
East Amwell, NJ is known for its high cost of living. The average home costs around $500,000 with taxes and insurance costing an additional $10,000 each year. The town also has a median household income of just over $90,000, which is higher than many other cities in the state. This can make it difficult for those with lower incomes to afford housing in the area. Groceries and gas tend to be more expensive in East Amwell as well due to limited competition. Despite this reality, the town's charm and strong sense of community still make it an attractive option for many families who are willing to pay a premium for quality of life and convenience.