The Most Affordable Neighborhoods in Ravine Gardens, Matawan, NJ by Home Value

 

Ravine Gardens, Matawan, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ravine Gardens area can be challenging. Home prices in Ravine Gardens are now at a median cost of $348,956, higher than the Matawan average of $343,158.

The average cost of rent is $1,634/mo in Ravine Gardens, primarily driven by the current value of real estate in the Ravine Gardens area. While nearly 34.51% of residents own their homes outright in Ravine Gardens, 37.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ravine Gardens is $9,044 per month. Households that rent pay about 18.07% of their income on rent here. Ravine Gardens's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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