Housing costs in Lyndhurst?
A typical home costs
$509,800, which is 50.8% more expensive than the national average of
$338,100 and 18.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lyndhurst costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 9.0% more than the state average of
$1,710.
Can I afford Lyndhurst?
To live comfortably in Lyndhurst (zip 07071), New Jersey, a minimum annual income of
$97,560 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Lyndhurst?
07071 Lyndhurst, NJ is a great place to live with its variety of shops, restaurants, parks, and other attractions. The cost of living in 07071 Lyndhurst, NJ is slightly higher than the national average due to its proximity to New York City and other large metropolitan areas. However, the quality of life offered by this town makes up for the small extra expense. The median home price is around $400,000 while the median rent is around $1,500 per month. Groceries and utilities are also a bit pricier than average in 07071 Lyndhurst, NJ but if you're willing to shop around you can find good deals on both. All in all, 07071 Lyndhurst offers an excellent quality of life that more than makes up for the slightly higher cost of living.