Home Affordability in 07302
Jersey City, NJ — Hudson County
The median home price in ZIP code 07302 (Jersey City) is $545,000 with a median household income of $72,000. The price-to-income ratio is 7.6x.
Median Home Price
$545,000
Median Income
$72,000
Price-to-Income
7.6x
Est. Affordable Home
$280,000
Property Tax Rate
1.68%
Annual Property Tax
$9,156
Cost of Living
132
Metro Area
New York MSA
Down Payment Scenarios for ZIP 07302
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $16,350 | $528,650 | Yes |
| 5% | $27,250 | $517,750 | Yes |
| 10% | $54,500 | $490,500 | Yes |
| 20% | $109,000 | $436,000 | No |
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