
Expensive
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These days, finding an affordable place to live in the New Gretna area can be challenging. Home prices in New Gretna are now at a median cost of $325,600, lower than the New Jersey average of $496,577.
The average cost of rent is $1,821/mo in New Gretna, primarily driven by the current value of real estate in the New Gretna area. In New Gretna, 14.04% of households rent, and 43.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Gretna is $6,319 per month. Households that rent pay about 28.82% of their income on rent here. New Gretna’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Green Bank, NJ: equally priced homes
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Cities with Similar Populations
- Corning, KS: less expensive homes
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- Coosa Pines, AL: less expensive homes
- Copperton, UT: higher priced homes
- Cork, KY: less expensive homes
- Collegeport, TX: equally priced homes
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