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These days, finding an affordable place to live in the Peapack and Gladstone area can be challenging. Home prices in Peapack and Gladstone are now at a median cost of $871,598, higher than the New Jersey average of $496,577.
The average cost of rent is $1,855/mo in Peapack and Gladstone, primarily driven by the current value of real estate in the Peapack and Gladstone area. In Peapack and Gladstone, 19.10% of households rent, and 37.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peapack and Gladstone is $16,111 per month. Households that rent pay about 11.51% of their income on rent here. Peapack and Gladstone’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Far Hills, NJ: higher priced homes
- Gladstone, NJ: equally priced homes
- Pottersville, NJ: equally priced homes
- Bernardsville, NJ: equally priced homes
- Bedminster, NJ: less expensive homes
- Lamington, NJ: equally priced homes
- Chester, NJ: less expensive homes
- Basking Ridge, NJ: equally priced homes
- Mendham, NJ: equally priced homes
- Oldwick, NJ: equally priced homes
Cities with Similar Populations
- Chamberlain, SD: less expensive homes
- Clearbrook Park, NJ: less expensive homes
- St. Anne, IL: less expensive homes
- Anson, TX: less expensive homes
- Lumber Bridge, NC: less expensive homes
- Malmstrom Air Force Base, MT: less expensive homes
- New Alexandria, PA: less expensive homes
- New Athens, IL: less expensive homes
- Newfoundland, NJ: less expensive homes
- North Kingsville, OH: less expensive homes
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