Housing costs in New Gretna?
A typical home costs
$307,000, which is 9.2% less expensive than the national average of
$338,100 and 29.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in New Gretna costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 17.9% cheaper than the state average of
$1,710.
Can I afford New Gretna?
To live comfortably in New Gretna (zip 08224), New Jersey, a minimum annual income of
$58,680 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about New Gretna?
The cost of living in 08224 New Gretna, NJ is relatively high. The median home price is around $383,000, and the average rent for a one-bedroom apartment is around $1,100 per month. The median household income for the area is around $81,000. This means that most residents must budget carefully in order to cover their day-to-day expenses. Additionally, taxes are high in 08224 with both local and state taxes contributing to a higher overall cost of living. Despite this, the area offers great amenities such as access to the beach and excellent schools which makes it attractive for many families who can afford it.