Housing costs in Montville?
A typical home costs
$622,100, which is 84.0% more expensive than the national average of
$338,100 and 44.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Montville costs
$2,420 per month, which is 69.2% more than the national average of
$1,430 and 29.3% more than the state average of
$1,710.
Can I afford Montville?
To live comfortably in Montville (zip 07045), New Jersey, a minimum annual income of
$119,160 for a family, and
$80,800 for a single person is recommended.
What does A.I. say about Montville?
07045 Montville, NJ is a great place to live with a cost of living that is quite affordable. The median home values in this area are $280,000, and the median household income is $87,500. Although rent prices can be on the higher side, ranging from $1,500 to $2,200 for a one-bedroom apartment, those prices are still much lower than cities like New York or San Francisco. Additionally, groceries and utilities tend to be much less expensive in Montville compared to other cities across the country. All in all, 07045 Montville offers residents an affordable cost of living with plenty of amenities.