Housing costs in Flanders?
A typical home costs
$535,200, which is 58.3% more expensive than the national average of
$338,100 and 23.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Flanders costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 11.4% more than the state average of
$1,710.
Can I afford Flanders?
To live comfortably in Flanders (zip 07836), New Jersey, a minimum annual income of
$102,600 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Flanders?
Cost of living in Flanders, NJ (07836) is relatively high compared to other areas of the state. The median home price in Flanders is $425,000, making it one of the most expensive places to live in New Jersey. Groceries and transportation costs are also above average with essential items costing more than they do in most parts of the country. Additionally, the sales tax rate for Morris county (7%) is higher than many neighboring counties. Despite the higher cost of living, Flanders remains an attractive place to live due to its rural atmosphere and close proximity to New York City.