Much like its nearby areas, it is substantially more expensive compared to the nation as a whole. Compared to the city of New York however, it is significantly less expensive.
Home prices
The median home cost in South Amboy is $294,500. It is approximately $7,340 (2%) higher in comparison to other places in this area.It is about $77,000 (35%) higher in comparison to the rest of the nation, and it is about $311,500 (51%) lower in comparison to the city of New York.
Rents
South Amboy's median rent is $1,332 per month. This is about $46 (3%) lower in comparison to nearby areas.In comparison to the entire country it is approximately $270 (25%) higher, and it is approximately $111 (7%) lower in comparison to the city of New York.
Nearby places
Sayreville
Sayreville is South Amboy's neighbor to the southwest. Its housing prices are similar. Sayreville's median home price is $302,800, which works out to $8,300 (2%) higher than South Amboy. Rents there are similar. In Sayreville the median rent is $1,332 a month, which is very similar to South Amboy.
Perth Amboy
Perth Amboy is South Amboy's neighbor to the north. Housing prices there are somewhat less expensive. The median home in Perth Amboy is valued at $261,800, which is $32,700 (12%) lower than South Amboy. Rent there is fairly similar. In Perth Amboy the median rent is $1,340 a month, which is very similar to South Amboy.
Madison Park
Madison Park is approximately 2 miles south of South Amboy. The housing prices there are pretty similar. The median home value in Madison Park is $289,100, which is $5,400 (1%) lower than South Amboy. The rent there is fairly similar. Madison Park's median rent is $1,285 per month, which works out to $47 (3%) lower than South Amboy.
Laurence Harbor
Laurence Harbor is about 2 miles southeast of South Amboy. The housing prices there are a little less expensive. The median home in Laurence Harbor is valued at $267,900, which is $26,600 (9%) lower than South Amboy. Rents there are fairly similar. The median rent in Laurence Harbor is $1,386 per month, which works out to $54 (3%) higher than South Amboy.
Fords
Fords is approximately 4 miles north from South Amboy. Its housing prices are a little more expensive. The value of the median home in Fords is $314,200, which comes out to $19,700 (6%) higher than South Amboy. Rent there is a little more expensive. Fords's median rent is $1,547 per month, which is $215 (13%) higher than South Amboy.
