Home prices
Colonia's median home cost is $363,900. In comparison to its nearby areas it is approximately $77,000 (26%) higher.It is about $146,400 (67%) higher compared to the United States as a whole, and in comparison to the city of New York it is approximately $242,100 (39%) lower.
Rents
In Colonia the median rent is $1,637 a month. Compared to nearby areas this is about $80 (5%) higher.Compared to the nation as a whole it is approximately $575 (54%) higher, and is roughly $194 (13%) higher compared to the city of New York.
Nearby places
Iselin
Iselin is Colonia's neighbor to the south. Real estate prices there are a bit less expensive. Iselin's median home value is $306,700, which is $57,200 (18%) lower than Colonia. Rent there is a little more expensive. Iselin's median monthly rent is $1,769, which works out to $132 (7%) higher than Colonia.
Rahway
Rahway is Colonia's neighbor to the northeast. Real estate prices there are a lot less expensive. The median home in Rahway costs $272,700, which works out to $91,200 (33%) lower than Colonia. Rent there is somewhat less expensive. The median rent in Rahway is $1,310 per month, which is $327 (24%) lower than Colonia.
Avenel
Avenel is Colonia's neighbor to the east. Housing prices there are a lot less expensive. The median home cost in Avenel is $262,800, which works out to $101,100 (38%) lower than Colonia. The rent there is a bit less expensive. Avenel's median rent is $1,483 a month, which works out to $154 (10%) lower than Colonia.
Woodbridge
Woodbridge is roughly 2 miles southeast from Colonia. Real estate prices there are a bit less expensive. The price of the median home in Woodbridge is $278,100, which is $85,800 (30%) lower than Colonia. Its rents are fairly similar. In Woodbridge the median rent is $1,676 per month, which works out to $39 (2%) higher than Colonia.
Fords
Fords is roughly 3 miles south of Colonia. The real estate prices there are a bit less expensive. The median home in Fords is valued at $314,200, which comes out to $49,700 (15%) lower than Colonia. Rents there are somewhat less expensive. The median monthly rent in Fords is $1,547, which comes out to $90 (5%) lower than Colonia.
