Housing costs in Newton?
A typical home costs
$333,000, which is 1.5% less expensive than the national average of
$338,100 and 22.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Newton costs
$1,540 per month, which is 9.9% cheaper than the national average of
$1,710 and 40.9% cheaper than the state average of
$2,170.
Can I afford Newton?
To live comfortably in Newton (zip 07860), New Jersey, a minimum annual income of
$63,720 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in 07860 Newton, NJ is fairly high. The median home cost in the area is around $291,400, which is significantly more than the national average. The estimated costs for healthcare, groceries, and transportation are also above average. Additionally, due to its proximity to New York City and other metropolitan areas, housing prices tend to be higher than many other parts of the state. Despite this, 07860 Newton offers a great quality of life with plenty of entertainment and recreational activities available nearby.