Unlocking New Horizons: Baby Boomers' Guide to Relocating - Ranking New Jersey Counties by Median Home Prices
If you are planning your escape from New Jersey, hopefully you are located in one of the top counties for median home prices in New Jersey. With the lack of inventory and spike in home prices since COVID, your home might be worth more than you think. Here is a comprehensive list of each county in New Jersey and their current median home price.
Bergen County - Median Home Price: $641,000
Hudson County - Median Home Price: $595,000
Monmouth County - Median Home Price: $590,000
Essex County - Median Home Price: $570,000
Morris County - Median Home Price: $553,048
Hunterdon County - Median Home Price: $553,000
Mercer County - Median Home Price: $506,737
Cape May County - Median Home Price: $485,000
Ocean County - Median Home Price: $475,000
Middlesex County - Median Home Price: $449,288
Burlington County - Median Home Price: $430,000
Passaic County - Median Home Price: $425,000
Somerset County - Median Home Price: $422,720
Union County - Median Home Price: $407,000
Camden County - Median Home Price: $401,000
Gloucester County - Median Home Price: $395,000
Sussex County - Median Home Price: $390,000
Warren County - Median Home Price: $320,000
Salem County - Median Home Price: $212,000
Cumberland County - Median Home Price: $206,000
Atlantic County - Median Home Price: $200,000
These median home price statistics across New Jersey's 21 counties offer valuable insights for Baby Boomers looking to make a fresh start outside the state. Whether you're seeking a more affordable retirement destination, a change of scenery, or a new chapter in a different state, understanding the relative housing costs can help inform your decision-making process. From the high-end luxury of Bergen County to the coastal charm of Cape May County, each county presents unique opportunities and affordability levels. By evaluating your financial goals, desired lifestyle, and personal preferences, you can confidently pursue your relocation plans and discover the perfect place to call home beyond the borders of New Jersey. Embrace the possibilities and embark on a new adventure tailored to your dreams and aspirations.