Expensive
Affordable
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These days, finding an affordable place to live in the Old Tappan area can be challenging. Home prices in Old Tappan are now at a median cost of $909,483, higher than the New Jersey average of $496,577.
The average cost of rent is $3,310/mo in Old Tappan, primarily driven by the current value of real estate in the Old Tappan area. In Old Tappan, 8.12% of households rent, and 42.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Tappan is $15,993 per month. Households that rent pay about 20.70% of their income on rent here. Old Tappan’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Harrington Park, NJ: less expensive homes
- Northvale, NJ: less expensive homes
- Norwood, NJ: less expensive homes
- Tappan, NY: less expensive homes
- Westwood, NJ: less expensive homes
- Orangeburg, NY: less expensive homes
- Rockleigh, NJ: less expensive homes
- Closter, NJ: equally priced homes
- Palisades, NY: less expensive homes
- Sparkill, NY: less expensive homes
Cities with Similar Populations
- Midway Park, NC: less expensive homes
- Pisgah Forest, NC: less expensive homes
- Pinnacle, NC: less expensive homes
- Mineral, VA: less expensive homes
- Millersville, TN: less expensive homes
- Millersburg, PA: less expensive homes
- Millersburg, IN: less expensive homes
- Milford, NJ: less expensive homes
- Mifflintown, PA: less expensive homes
- Midway, UT: equally priced homes
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