Housing costs in Hewitt?
A typical home costs
$362,400, which is 7.2% more expensive than the national average of
$338,100 and 16.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hewitt costs
$2,380 per month, which is 66.4% more than the national average of
$1,430 and 28.2% more than the state average of
$1,710.
Can I afford Hewitt?
To live comfortably in Hewitt (zip 07421), New Jersey, a minimum annual income of
$69,480 for a family, and
$82,000 for a single person is recommended.
What does A.I. say about Hewitt?
Living in 07421 Hewitt, NJ is relatively affordable compared to other areas in the state. The cost of living index in 07421 is 96.4, which is nearly 4 points lower than the U.S. average of 100. This means basic goods and services cost 4% less than they do on a national level. In terms of housing, the median home value in 07421 is $245,200, which is around 8% lower than the New Jersey average of $266,400. Additionally, there are plenty of rental options available for those who prefer not to purchase a home. The median rent price in 07421 is $1,421 per month while the New Jersey median rent price comes in at $1,620 per month - an 11% difference.