Home prices
The median home in Boonton costs $386,100. This is about $107,360 (21%) lower compared to nearby areas.In comparison to the rest of the country it is roughly $168,600 (77%) higher, and it is roughly $219,900 (36%) lower in comparison to the city of New York.
Rents
Boonton's median monthly rent is $1,316. This is roughly $333 (20%) lower in comparison to the surrounding areas.Compared to the nation as a whole it is approximately $254 (23%) higher, and is approximately $127 (8%) lower in comparison to the city of New York.
Nearby places
Mountain Lakes
Mountain Lakes is Boonton's neighbor to the southwest. Its real estate prices are substantially more expensive. The median home value in Mountain Lakes is $867,200, which works out to $481,100 (55%) higher than Boonton. Rents there are a bit more expensive. In Mountain Lakes the median rent is $1,454 per month, which is $138 (9%) higher than Boonton.
Lincoln Park
Lincoln Park is approximately 4 miles east from Boonton. Its housing prices are somewhat less expensive. The cost of the median home in Lincoln Park is $330,900, which comes out to $55,200 (16%) lower than Boonton. Rents there are a bit more expensive. Lincoln Park's median monthly rent is $1,643, which is $327 (19%) higher than Boonton.
White Meadow Lake
White Meadow Lake is approximately 4 miles west of Boonton. Housing prices there are a little less expensive. The price of the median home in White Meadow Lake is $353,600, which comes out to $32,500 (9%) lower than Boonton. Its rents are a bit more expensive. The median rent in White Meadow Lake is $1,743 per month, which comes out to $427 (24%) higher than Boonton.
Rockaway
Rockaway is approximately 4 miles west from Boonton. Its housing prices are somewhat less expensive. The median home in Rockaway is valued at $344,800, which comes out to $41,300 (11%) lower than Boonton. Its rents are similar. The median rent in Rockaway is $1,367 per month, which works out to $51 (3%) higher than Boonton.
Kinnelon
Kinnelon is about 5 miles north of Boonton. The housing prices there are substantially more expensive. The median home in Kinnelon is valued at $570,800, which comes out to $184,700 (32%) higher than Boonton. Rents there are significantly more expensive. In Kinnelon the median rent is $2,040 per month, which comes out to $724 (35%) higher than Boonton.
