Here's How Much You Need To Make To Buy A Home In NJ, Study Says

April 9, 2025 | patch.com

It's no secret that buying a home in New Jersey can cost quite a lot of money. A recent study shows just how much income you would need to purchase a median-priced home in the Garden State — and that this amount has increased by more than 50 percent in the last five years.

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NJ SEED: NJ ranks number 8 on the list of most expensive states in which to live. An annual income in excess of $100,000 is required to purchase a mid-range NJ home priced at around $540,000.