Mortgage Rates in New Jersey

New Jersey offers various affordable housing options despite its high property taxes. Newark, with a median home value of $245,200, is a public transportation hub with a vibrant downtown. Jersey City, known for its waterfront and access to NYC, has a median home value of $373,700 and lower property taxes. Camden, with a median home value of $84,000, is reviving despite its reputation. Phillipsburg and Browns Mills also provide affordable options, with median home values of $136,800 and $157,600, respectively. Shopping for competitive mortgage rates can help manage costs.

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