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Wow, home mortgage interest rates have hit 6.28%!

EyeBRollin

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That's the truth of what happened.

Where in Jersey? Cause I wouldn't want to live in Trenton even if the house is for free, fvckin $hithole.
I’m in the northern half of the state. Not in Trenton. If you want a nice house here in a good neighborhood, it will cost $800K minimum.

Wife and I looked at a duplex a few months ago. It was listed at $650K. First day it had multiple cash offers. Closed within a week for over $700K.

Now Newark, NJ is similar of a shvt hole to Trenton. Even houses there are $500K and up.
 

All_Kindz_Of_Gainz

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I’m in the northern half of the state. Not in Trenton. If you want a nice house here in a good neighborhood, it will cost $800K minimum.

Wife and I looked at a duplex a few months ago. It was listed at $650K. First day it had multiple cash offers. Closed within a week for over $700K.

Now Newark, NJ is similar of a shvt hole to Trenton. Even houses there are $500K and up.
How the fvck can people pay that amount? Thats one of the reasons the massive move.

What's the average salary there? My house is 2k sqft, 4bd 2 br and the cost was in 2019, $250k in a nice neighborhood.
 

EyeBRollin

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How the fvck can people pay that amount? Thats one of the reasons the massive move.

What's the average salary there? My house is 2k sqft, 4bd 2 br and the cost was in 2019, $250k in a nice neighborhood.
4 bd house in northern NJ is $600K in a mediocre neighborhood, $800K+ in a nice neighborhood.

The salaries are high due to NYC pay scales. Median household income in the state is almost $80K and that is brought down by South Jersey. With no education you can find work for $20 / hour. Minimum wage is $15 / hour.

Our entry level associates in NYC, fresh out of college start at $70-80K.
 
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