Property Prices in Somerset, NJ, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.80 |
| Mortgage as Percentage of Income: | ? |
| Loan Affordability Index: | ? |
| Price to Rent Ratio - City Centre: | 5.68 |
| Price to Rent Ratio - Outside of Centre: | 5.36 |
| Gross Rental Yield (City Centre): | 17.59% |
| Gross Rental Yield (Outside of Centre): | 18.64% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,600.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 2,650.00 $ | |
| Apartment (3 bedrooms) in City Centre | 4,000.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,000.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 280.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 240.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,000.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | ? |
These data are based on 8 entries in the past 18 months from 2 different contributors.
Last update: February 2024
Sources and References
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