Gloucester City is the cheapest place to live in NJ, with a median home value of just over $125,000 in 2022. This city is located in Camden County, New Jersey, and is home to around 11,500 people. The town offers a convenient location directly across the Delaware River from Philadelphia.
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Where are the most affordable places to live in NJ?
Most Affordable Places to Live in New Jersey
- Hightstown.
- New Brunswick.
- Phillipsburg.
- Pompton Lakes.
- Rahway.
- Toms River.
Where is rent cheapest in New Jersey?
The 25 cheapest places to live in New Jersey
| Rank | City | YoY Rent Change |
|---|---|---|
| 1 | South River | 0.00% |
| 2 | Oaklyn | -17.26% |
| 3 | Absecon | -1.88% |
| 4 | Delran | 1.71% |
What is the cheapest county to live in New Jersey?
And here are the 10 most affordable places to live in New Jersey, according to SmartAsset:
- Pomona (Galloway Township), Atlantic County.
- Gloucester City, Camden County.
- Twin Rivers (East Windsor Township), Mercer County.
- Stratford, Camden County.
- Ramtown (Howell Township), Monmouth County.
- Berlin Borough, Camden County.
Is living in New Jersey affordable?
New Jersey may feel expensive to live in at times, but a new story has found that the Garden State makes the Top 10 of the most affordable states. According to the job search site Lensa, New Jersey is ranked No. 9. The company looked at grocery prices, housing, utilities and transportation.
What part of New Jersey is affordable?
The title of most affordable city in New Jersey goes to Pennsauken Township. Located in the western part of the state along the Pennsylvania-New Jersey border, Pennsauken Township is considered a suburb of Philadelphia, Pennsylvania.
What part of NJ has the lowest taxes?
Here is the list of 30 New Jersey towns with the lowest property tax rates.
- Ship Bottom.
- Rockleigh.
- Beach Haven.
- West Cape May.
- Saddle River.
- Harding.
- Interlaken. Equalized tax rate in Interlaken Borough, Monmouth County, was 1.067 in 2021.
- Sea Bright. Equalized tax rate in Sea Bright Borough, Monmouth County, was 1.087 in 2021.
Which area is best for living in NJ?
15 Best Places to Live in New Jersey (By a Local)
- Jersey City.
- Hoboken.
- Upper Montclair.
- Livingston.
- Madison.
- Paramus.
- Summit.
- Cranford.
What is the safest city to live in New Jersey?
Safest Cities in New Jersey, 2019
| Rank | City | Safety Index |
|---|---|---|
| 1 | Ocean City | 1.35 |
| 2 | Weehawken Township | 1.09 |
| 3 | Ventnor City | 1.07 |
| 4 | Wall Township | 0.94 |
Which is the cheapest state to live?
Mississippi
As of August 2022, Mississippi is the least expensive state to live in, according to worldpopulationreview.com. The Magnolia State has a cost of living index of 83.3.
How much money do you need to live comfortably in NJ?
Typical Expenses
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Required annual income after taxes | $34,445 | $51,443 |
| Annual taxes | $8,330 | $12,442 |
| Required annual income before taxes | $42,775 | $63,885 |
Is it cheaper to live in NJ or NC?
North Carolina is 14.3% cheaper than New Jersey.
Is NJ worth living in?
To start with, New Jersey is an excellent state with diverse lifestyle options, numerous attractions, and fun activities for all generations. Despite the numerous attractions, the state has various downsides, like the high cost of living, making living in the state worth a debate.
Is it worth moving to Jersey?
Jersey is an extremely safe and friendly location that offers the perfect work life balance. There is very low personal tax (maximum 20% and c£6,000 tax free per annum). No commute to work! Opportunity to hit the UK for some weekend exploring!
What are the negatives of living in New Jersey?
Cons of Living in New Jersey
- High tax burden. Sadly, the state is known for imposing high tax rates on its residents.
- High property taxes.
- High cost of living.
- Congested traffic.
- High density of residents.
Is it cheaper to live in NYC or Jersey?
NYC is the most expensive city in America so it should come as no surprise that New Jersey offers a more affordable cost of living. Newark and Jersey City are both considerably cheaper than NYC. The median home price in Manhattan is $965,00 while the median home price in Jersey City is $337,000 and $210,000 in Newark.
What is the poorest city in New Jersey?
Camden
The Center Square
| State | Poorest City | Population |
|---|---|---|
| New Jersey | Camden | 74,002 |
| New Mexico | South Valley | 40,080 |
| New York | Jamestown | 29,504 |
| North Carolina | Goldsboro | 34,647 |
What town in New Jersey has the cheapest taxes?
Here are the 30 N.J. towns with the lowest property tax bills
- Camden. Camden City homeowners paid $1,917 on average in 2021.
- Woodbine. Woodbine Borough had the lowest property tax bill in Cape May County.
- Lower Alloways Creek.
- Teterboro.
- Audubon Park.
- Commercial.
- Washington Township (Burlington County)
- Dennis.
At what age do you stop paying property taxes in NJ?
age 65 or older
You must be age 65 or older, or disabled (with a Physician’s Certificate or Social Security document) as of December 31 of the pretax year.
Where do NJ healthiest people live?
Life expectancy is highest in Hunterdon County at 83.2 years compared to 74.6 years in Cumberland County, where it is the state’s lowest.
Where are most people from NJ moving to?
Americans are leaving New Jersey and heading to South Carolina, Florida and Vermont. Americans are moving to southern states like South Carolina, Alabama and Florida, a recent study from United Van Lines found.