Much like other places in this area, it's somewhat less expensive compared to the US as a whole. Compared to the city of New York however, it is a lot less expensive.
Home prices
The median home in Newfield is valued at $190,100. Compared to its nearby areas this is about $8,520 (4%) higher.It is about $27,400 (12%) lower compared to the rest of the country, and in comparison to the city of New York is roughly $415,900 (68%) lower.
Rents
The median monthly rent in Newfield is $1,563. In comparison to its nearby areas this is about $492 (45%) higher.In comparison to the rest of the country it is about $501 (47%) higher, and compared to the city of New York is approximately $120 (8%) higher.
Nearby places
Vineland
Vineland is Newfield's neighbor to the south. Its real estate prices are a little less expensive. The cost of the median home in Vineland is $167,300, which works out to $22,800 (13%) lower than Newfield. Its rents are significantly less expensive. In Vineland the median monthly rent is $1,057, which works out to $506 (47%) lower than Newfield.
Buena
Buena is approximately 3 miles southeast of Newfield. Its real estate prices are similar. The cost of the median home in Buena is $182,500, which works out to $7,600 (4%) lower than Newfield. Rent there is a lot less expensive. The median rent in Buena is $899 per month, which is $664 (73%) lower than Newfield.
Rosenhayn
Rosenhayn is approximately 7 miles southwest from Newfield. Housing prices there are a bit less expensive. The cost of the median home in Rosenhayn is $168,300, which comes out to $21,800 (12%) lower than Newfield. The rent there is a lot less expensive. Rosenhayn's median monthly rent is $1,071, which works out to $492 (45%) lower than Newfield.
Elmer
Elmer is roughly 7 miles west of Newfield. Housing prices there are similar. The median home in Elmer is valued at $192,200, which is $2,100 (1%) higher than Newfield. The rent there is a bit less expensive. The median monthly rent in Elmer is $1,296, which works out to $267 (20%) lower than Newfield.
Clayton
Clayton is approximately 8 miles north of Newfield. The real estate prices there are fairly similar. The median home in Clayton costs $197,600, which comes out to $7,500 (3%) higher than Newfield. Rents there are significantly less expensive. The median monthly rent in Clayton is $1,033, which is $530 (51%) lower than Newfield.