Housing costs in Emerson?
A typical home costs
$593,000, which is 75.4% more expensive than the national average of
$338,100 and 37.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Emerson costs
$2,400 per month, which is 67.8% more than the national average of
$1,430 and 28.8% more than the state average of
$1,710.
Can I afford Emerson?
To live comfortably in Emerson, New Jersey, a minimum annual income of
$113,760 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Emerson?
The cost of living in Emerson, NJ is relatively affordable compared to other areas of the state. The median home value is $450,300, which is significantly lower than the US median of $219,700. Renters can also find affordable housing options; the median rent for a 2-bedroom apartment is $2,200 per month. Additionally, food and transportation are relatively inexpensive since grocery stores and public transportation are readily available. All in all, living in Emerson can be surprisingly affordable for those looking for an accessible suburban lifestyle with easy access to New York City.