Ranked from ACS 2023 5-Year
Lowest Home Values in New Jersey
The most affordable counties in the country by median home value. Many are rural and losing population, which is worth weighing against the price.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
New Jersey ranked
| # | County | Median home | Monthly to own | Effective rate |
|---|---|---|---|---|
| 1 | Cumberland County | $205,600 | $1,975 | 2.455% |
| 2 | Salem County | $223,000 | $2,229 | 3.030% |
| 3 | Camden County | $262,200 | $2,589 | 3.075% |
| 4 | Atlantic County | $272,700 | $2,547 | 2.475% |
| 5 | Gloucester County | $283,500 | $2,718 | 2.809% |
| 6 | Warren County | $323,100 | $2,988 | 2.524% |
| 7 | Burlington County | $326,700 | $2,990 | 2.419% |
| 8 | Sussex County | $342,800 | $3,139 | 2.468% |
| 9 | Mercer County | $351,000 | $3,221 | 2.508% |
| 10 | Ocean County | $366,600 | $3,129 | 1.773% |
| 11 | Cape May County | $395,000 | $3,206 | 1.325% |
| 12 | Middlesex County | $439,300 | $3,861 | 2.204% |
| 13 | Passaic County | $439,400 | $3,888 | 2.276% |
| 14 | Union County | $488,800 | $4,205 | 2.046% |
| 15 | Essex County | $494,400 | $4,241 | 2.023% |
| 16 | Hunterdon County | $498,800 | $4,269 | 2.005% |
| 17 | Hudson County | $508,600 | $4,283 | 1.851% |
| 18 | Somerset County | $523,900 | $4,430 | 1.909% |
| 19 | Morris County | $557,000 | $4,643 | 1.796% |
| 20 | Monmouth County | $566,500 | $4,703 | 1.765% |
| 21 | Bergen County | $593,200 | $4,875 | 1.686% |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Home Values across all 3,133 US counties · Every county in New Jersey