The Most Affordable Neighborhoods in Closter, NJ by Home Value

 

Closter, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Closter area can be challenging. Home prices in Closter are now at a median cost of $670,213, higher than the New Jersey average of $388,929.

The average cost of rent is $2,337/mo in Closter, primarily driven by the current value of real estate in the Closter area. While nearly 36.08% of residents own their homes outright in Closter, 19.06% rent.

Housing affordability isn’t just about home prices, though. The average household income in Closter is $12,162 per month. Households that rent pay about 19.22% of their income on rent here. Closter's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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