Home prices
The median home in Bayonne is valued at $333,700. In comparison to nearby areas it is approximately $20,020 (6%) higher.Compared to the rest of the country it is approximately $116,200 (53%) higher, and it is about $272,300 (44%) lower in comparison to the city of New York.
Rents
In Bayonne the median monthly rent is $1,255. It is roughly $36 (2%) lower compared to its surrounding areas.Compared to the country as a whole it is about $193 (18%) higher, and is approximately $188 (13%) lower compared to the city of New York.
Nearby places
Elizabeth
Elizabeth is Bayonne's neighbor to the west. The housing prices there are a little less expensive. The median home in Elizabeth costs $282,700, which comes out to $51,000 (18%) lower than Bayonne. Rent there is a bit less expensive. Elizabeth's median rent is $1,163 per month, which comes out to $92 (7%) lower than Bayonne.
Jersey City
Jersey City is Bayonne's neighbor to the northeast. Its housing prices are somewhat more expensive. The median home in Jersey City costs $373,700, which works out to $40,000 (10%) higher than Bayonne. Rent there is somewhat more expensive. Jersey City's median rent is $1,401 per month, which works out to $146 (10%) higher than Bayonne.
Newark
Newark is Bayonne's neighbor to the northwest. The housing prices there are significantly less expensive. The price of the median home in Newark is $245,200, which comes out to $88,500 (36%) lower than Bayonne. Rents there are a little less expensive. Newark's median monthly rent is $1,085, which works out to $170 (15%) lower than Bayonne.
Harrison
Harrison is about 5 miles north of Bayonne. Its real estate prices are similar. The median home in Harrison costs $333,700, which is very similar to Bayonne. Its rents are somewhat more expensive. The median rent in Harrison is $1,504 per month, which is $249 (16%) higher than Bayonne.
Kearny
Kearny is roughly 5 miles north from Bayonne. Its real estate prices are pretty similar. The price of the median home in Kearny is $333,100, which is very similar to Bayonne. Rents there are similar. The median rent in Kearny is $1,304 a month, which comes out to $49 (3%) higher than Bayonne.
