The Most Affordable Neighborhoods in Shark River Hills, NJ by Home Value

 

Shark River Hills, NJ Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Shark River Hills area can be challenging. Home prices in Shark River Hills are now at a median cost of $359,540, lower than the New Jersey average of $388,929.

The average cost of rent is $1,308/mo in Shark River Hills, primarily driven by the current value of real estate in the Shark River Hills area. While nearly 28.48% of residents own their homes outright in Shark River Hills, 40.19% rent.

Housing affordability isn’t just about home prices, though. The average household income in Shark River Hills is $6,758 per month. Households that rent pay about 19.36% of their income on rent here. Shark River Hills's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.


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