The Most Affordable Neighborhoods in Hackensack Riverfront, Jersey City, NJ by Home Value

 

Hackensack Riverfront, Jersey City, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hackensack Riverfront area can be challenging. Home prices in Hackensack Riverfront are now at a median cost of $426,925, lower than the Jersey City average of $637,535.

The average cost of rent is $2,699/mo in Hackensack Riverfront, primarily driven by the current value of real estate in the Hackensack Riverfront area. In Hackensack Riverfront, 20.84% of households rent, and 24.82% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hackensack Riverfront is $12,069 per month. Households that rent pay about 22.36% of their income on rent here. Hackensack Riverfront’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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