Newton, NJ has a population of 7,937, while the median age is 41. The household income in Newton, NJ is around $63,661. The homeownership rate among the residents is 49%. The median residential property value in Newton, NJ that you should keep in mind is $206,300.
|Number Of Employees||3,884|
|Median Property Value||$206,300|
|Rent Price||Jul||vs Last Month|
|1 bed rentals||$1,751||+17.5%|
|2 bed rentals||$1,566||-3.8%|
|3 bed rentals||$2,550||N/A|
Over the Jul 2022, the average rent for an apartment in/near Newton, NJ increased by 11.9% to $1,838.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 17.5% to $1,751. Pricing for 2-bed apartment also decreased by 3.8% and a place of this size will now cost you $1,566. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $2,550.
|Rent Type Price||Jul||vs Last Month|
The median rent for an apartment in Newton, NJ increased by 7.7% to $1,701. The median rent for a house is still $2,000 with no significant changes this month. An average duplex is now available for $2,550, cause median rent for a duplex remains the same this month. The median rent for a townhouse increased by 6.5%, you’ll have to spend around $1,650 to get one.