We all know that the cost of living in New Jersey is high, but housing costs don’t even compare to those in NYC. We have easy access to Manhattan, without the exorbitant prices per square foot. Sure, some parts of New Jersey are pretty expensive, but you can still buy an incredible home for less than the cost of a 1-bedroom in NYC. The average price of a one bedroom in Manhattan is $710,000, according to the Corcoran Real Estate Group. For that price, you can expect well under 1000-square feet in a nicer neighborhood. You can find homes double, and even triple the size for the same price in many parts of our state. Here are just some of the insane places you can purchase in New Jersey with a budget of $710,000 or less.
1. 50 Van Horn Road, Freedon Township - $665,000
This 4 bed, 4 bath home is a horse lover's dream. Set on several acres with an electric fence, heated garages and riding rings, the property can easily accommodate your favorite studs and mares. It features a four season sunroom, vaulted 30-foot ceilings in the living room, a gourmet kitchen and spa-like Master Bath.
2. 55 Shore Road, Millville -$595,000
Enjoy 15-acres along the scenic Maurice River with private docks, miles of nature trails AND a 3800 square foot home. The home features a nearly 1200 square foot master suite, whirlpool bath and floor-to-ceiling windows for stellar views.
3. 226 Grove Avenue, Verona - $500,000
This charming Verona home offers 3 bedrooms, 2 bathrooms, a large yard and gourmet kitchen.
4. 8 Kinney Circle, Stewartsville - $419,900
This stunning home is a steal! Enjoy 4 bedrooms, 2.5 bathrooms, a den, office, patio and finished basement, all for under $425K!!! Conveniently located near shopping, dining and highways.
5. 97 Coriell Avenue, Fanwood - $574,000
This exquisite 3 bed, 2 bath home offers a den, patio, finished basement and easy access to NYC transportation.
6. 393 Green Mountain Road, Mahwah - $539,000
This lovely townhome features 3 bedrooms, 2.5 baths, 2 walk-in closets, a Jacuzzi tub, patio and finished lower level. Located in desirable Birchwood Hills, enjoy the community clubhouse, pool, tennis courts, basketball courts and exercise room.
7. 2296 Clover Hill Lane, Toms River - $642,900
This breathtaking home offers 3 bedrooms, 2.5 baths and over 3100 square feet of living space! The incredible property features a neatly manicured yard, in-ground pool and screened gazebo. Enjoy high ceilings, a specious master suite and close proximity to the beach.
8. 518 Gregory Avenue, Weehawken - $639,000
This luxury condo features 2 bedrooms, 2 bathrooms and a spacious loft area. Enjoy the open floorplan, fitness center and indoor pool. Commute to NYC in under 15 minutes by bus or ferry, just outside your door.
9. 7 Pheasant Drive, Mount Laurel - $635,000
This Mount Laurel masterpiece offers 4 bedrooms, 2 full bathrooms, 2 half bathrooms and nearly 3500 square feet of living space. Enjoy a paver patio, heated pool, 2 master suites and a full finished basement.
10. 115 Salvatore Drive, Mullica Hill - $539,000
This home features 4 bedrooms, 4.5 bathrooms and over 4000 square feet of living space on a full acre of land! There are too many amenities to list! Larger families will love the in-law suite with full kitchen, guest suite, mudroom and office/solarium.
11. 1 Edgar Place, Morristown - $639,000
Enjoy peace and tranquility in the center of bustling Morristown. Relax in your own private oasis with fish pond, water features and flowering gardens. Should you ever want to go inside, enjoy 4 bedrooms, 2.5 baths and nearly 2500 square feet of living space.
12. 84 North Union Street, Lambertville - $634,900
Live right in the heart of historic Lambertville, near trendy downtown. Enjoy boutique shops and fine dining just footsteps away, along with 4 bedrooms, 2 bathrooms, an office and covered patio.
13. 3402 Seaboard Circle, North Wildwood - $575,000
Enjoy peaceful living just minutes from the bustling Wildwood boardwalk. You'll love this luxury penthouse with 4 bedrooms, 3 bathrooms and an open floorplan! Community amenities include a pool, spa, clubhouse, fitness center, billiards room and tennis courts.
14. 55 Farview Avenue, Atlantic Highlands - $519,900
Enjoy the best of both worlds in lovely Atlantic Highlands! You're just minutes from the beach and can commute to NYC by ferry in 40 minutes. This contemporary home offers not only an ideal location, but 3 bedrooms, 2.5 bathrooms, an oversized basement and open floorplan for entertaining!
There are so many incredible homes you can buy in New Jersey for less than the cost of a one bedroom in NYC! Narrowing down this list was very difficult; I tried to include a wide variety of locations and home styles. Each house on this list is truly spectacular and offers something special! If you’re actively searching, or just daydreaming, share with us the home you’d most like to buy in the comments!