Want a Nice, 4-Bedroom, 2,500 Square Foot Home?
How Does $372,500 Grab You?
A Little Buys You a Lot Here.
The average price of a single-family home in Northeastern Pennsylvania is typically about 40% to 52% of the cost in New Jersey. The property taxes on your home in Northeastern PA will be very reasonable too. Expect them to be about 48% to 54% of what you would pay for a comparable home in New Jersey.
Estimated 2024 average costs for a typical ± 2,500 square foot, four-bedroom, single-family home are below. Estimates were developed by analyzing current listings and recent sales on various online real estate sites.
Bergen County, NJ
$ 865,000
Purchase Price- 20% Down: $173,000
- $ Financed: $692,000
- Term: 30 Years
- Fixed Interest Rate: 7.0%
- Mon. Mortgage: $4,604
- Ann. Mortgage: $55,248
- Est. Ann. RE Taxes: $13,750
- Monthly Mortgage + Taxes:
$5,750 -
Annual Mortgage + Taxes: $68,798
Middlesex County, NJ
$ 800,000
Purchase Price- 20% Down: $160,000
- $ Financed: $640,000
- Term: 30 Years
- Fixed Interest Rate: 7.0%
- Mon. Mortgage: $4,258
- Ann. Mortgage: $51,096
- Est. Ann. RE Taxes: $12,750
- Monthly Mortgage + Taxes:
$5,321 -
Annual Mortgage + Taxes: $63,846
Morris County, NJ
$ 720,000
Purchase Price- 20% Down: $144,000
- $ Financed: $576,000
- Term: 30 Years
- Fixed Interest Rate: 7.0%
- Mon. Mortgage: $3,832
- Ann. Mortgage: $45,984
- Est. Ann. RE Taxes: $12,250
- Monthly Mortgage + Taxes
$4,853 -
Annual Mortgage + Taxes: $58,234
Northeast PAWhy Choose NEPA?
$ 372,500
Purchase Price- 20% Down: $74,500
- $ Financed: $298,000
- Term: 30 Years
- Fixed Interest Rate: 7.0%
- Mon. Mortgage: $1,983
- Ann. Mortgage: $23,796
- Est. Ann. RE Taxes: $5,207
-
Monthly Mortgage + Taxes:
$2,417 - Annual Mortgage + Taxes: $29,004
Comparing Rental Costs
The average cost to rent a modern one/two-bedroom apartment in Northeast PA is also dramatically lower than in most counties in New Jersey.
Bergen County
= $3,016/mo.
Morris County
= $3,047/mo.
Middlesex County
= $2,530/mo.
Northeast PA
