Home prices
The median home cost in New Brunswick is $251,100. This is roughly $83,080 (24%) lower compared to its surrounding areas.Compared to the rest of the country it is approximately $33,600 (15%) higher, and compared to the city of New York is roughly $354,900 (58%) lower.
Rents
The median rent in New Brunswick is $1,470 a month. This is roughly $15 (1%) lower compared to the surrounding areas.It is roughly $408 (38%) higher in comparison to the US as a whole, and is about $27 (1%) higher in comparison to the city of New York.
Nearby places
Highland Park
Highland Park is New Brunswick's neighbor to the northeast. Its real estate prices are significantly more expensive. Highland Park's median home cost is $373,700, which works out to $122,600 (32%) higher than New Brunswick. Its rents are pretty similar. In Highland Park the median monthly rent is $1,467, which is very similar to New Brunswick.
East Franklin
East Franklin is New Brunswick's neighbor to the west. Housing prices there are a little more expensive. The median home in East Franklin is valued at $268,300, which is $17,200 (6%) higher than New Brunswick. Rent there is a little less expensive. The median rent in East Franklin is $1,360 a month, which comes out to $110 (8%) lower than New Brunswick.
Voorhees
Voorhees is New Brunswick's neighbor to the west. The real estate prices there are a lot more expensive. The median home price in Voorhees is $370,000, which is $118,900 (32%) higher than New Brunswick. The rent there is a bit less expensive. The median rent in Voorhees is $1,296 per month, which comes out to $174 (13%) lower than New Brunswick.
Somerset
Somerset is New Brunswick's neighbor to the northwest. Its real estate prices are a bit more expensive. The cost of the median home in Somerset is $315,900, which works out to $64,800 (20%) higher than New Brunswick. Rent there is a bit more expensive. In Somerset the median monthly rent is $1,629, which is $159 (9%) higher than New Brunswick.
Milltown
Milltown is approximately 2 miles south from New Brunswick. Its housing prices are a little more expensive. The price of the median home in Milltown is $343,000, which is $91,900 (26%) higher than New Brunswick. Its rents are somewhat more expensive. The median rent in Milltown is $1,673 a month, which comes out to $203 (12%) higher than New Brunswick.
