Housing costs in Peapack and Gladstone?
A typical home costs
$681,700, which is 101.6% more expensive than the national average of
$338,100 and 57.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Peapack and Gladstone costs
$1,880 per month, which is 9.9% more than the national average of
$1,710 and 15.4% cheaper than the state average of
$2,170.
Can I afford Peapack and Gladstone?
To live comfortably in Peapack and Gladstone (zip 07977), New Jersey, a minimum annual income of
$130,680 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Peapack and Gladstone?
The cost of living in 07977 Peapack and Gladstone, NJ is quite high. According to the most recent figures from the US Census Bureau, the median home price in Peapack and Gladstone is $750,000, which is more than double the national median. Additionally, the cost of utilities is approximately 13% higher than the national average. Other costs such as groceries, transportation, and health care are all significantly more expensive than the national average. Despite these elevated costs, many people are still eager to move to this affluent borough due to its excellent schools and safe neighborhoods.