Housing costs in Woodcliff Lake?
A typical home costs
$902,200, which is 166.8% more expensive than the national average of
$338,100 and 108.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Woodcliff Lake costs
$2,470 per month, which is 44.4% more than the national average of
$1,710 and 12.1% more than the state average of
$2,170.
Can I afford Woodcliff Lake?
To live comfortably in Woodcliff Lake (zip 07677), New Jersey, a minimum annual income of
$172,800 for a family, and
$85,200 for a single person is recommended.
What does A.I. say about Woodcliff Lake?
Living in 07677 Woodcliff Lake, NJ can be expensive. The median home value is $1,066,000 and the median rent is around $2,611 per month. This is significantly more than the national average for both categories. However, it’s not all bad news as properties in Woodcliff Lake are generally quite luxurious with much larger than average lot sizes. Furthermore, the cost of groceries and health care are on par with the national average. All in all, living in Woodcliff Lake may cost more than other areas but residents will benefit from access to high quality housing and services that come at a premium price.