Everyone knows that the median home price in New Jersey is higher than it is in most of the country.

And the hot real estate market has done nothing to cool prices.

You may think that you are priced out of the New Jersey real estate market and are resigned to renting for the rest of your life, but there still is some good news.

Adobe Stock of Gloucester City
Adobe Stock of Gloucester City

According to propertyclubnyc, Gloucester City tops the list of the 10 cheapest places to live in NJ.

With a median home value of just $125,800, which is significantly below the national average, and a median rent of just under $1,200, Gloucester City is affordable by New Jersey standards.

It offers a tight-knit community and plenty of public parks and walking spaces, making it an excellent place for families or young professionals who work across the river in Philadelphia.

Gloucester city is a town that doesn’t get much attention but it has a lot to offer.

Especially for a town with homes that are so affordable.

Adobe Stock
Adobe Stock

A historic working-class community with great views of the Philly skyline, it’s a hop skip and a jump away from the big city but with all the advantages of the suburbs.

It boasts the Gloucester City Marina of Camden County which was developed for recreational boating.

In fact, Gloucester city high school was named one of America’s top high schools by US news and world report.

The homes tend to be old to older but with plenty of charm and some of them even border on grand.

Surprisingly, many homes are priced in the $100,000 range.

A drive through Gloucester city will give you a feeling of the good old days, with a home price tag to boot.

Opinions expressed in the post above are those of New Jersey 101.5 talk show host Judi Franco only.

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