Housing costs in Oak Ridge?
A typical home costs
$425,000, which is 25.7% more expensive than the national average of
$338,100 and 1.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Oak Ridge costs
$1,920 per month, which is 34.3% more than the national average of
$1,430 and 10.9% more than the state average of
$1,710.
Can I afford Oak Ridge?
To live comfortably in Oak Ridge (zip 07438), New Jersey, a minimum annual income of
$81,360 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Oak Ridge?
Living in 07438 Oak Ridge, NJ is not a cheap endeavor. The median home value is just over $370,000 and the median rent is over $2,300, making it one of the more expensive towns in New Jersey. Additionally, the cost of basic necessities like food and utilities are also higher than average for the state. Despite these costs however, Oak Ridge residents enjoy a variety of amenities such as parklands and recreational areas as well as high-quality schools, making it an attractive place to live for families and professionals alike.