Home prices
The value of the median home in Phillipsburg is $136,800. This is approximately $72,680 (34%) lower compared to nearby areas.It is roughly $80,700 (37%) lower compared to the United States as a whole, and it is approximately $469,200 (77%) lower in comparison to the city of New York.
Rents
In Phillipsburg the median rent is $968 a month. It is roughly $498 (33%) lower in comparison to nearby areas.Compared to the entire nation it is about $94 (8%) lower, and compared to the city of New York it is roughly $475 (32%) lower.
Nearby places
Upper Pohatcong
Upper Pohatcong is Phillipsburg's neighbor to the southeast. Housing prices there are a bit more expensive. The median home cost in Upper Pohatcong is $190,400, which comes out to $53,600 (28%) higher than Phillipsburg. Its rents are a little more expensive. The median monthly rent in Upper Pohatcong is $1,311, which is $343 (26%) higher than Phillipsburg.
Easton
Easton is Phillipsburg's neighbor to the west. Housing prices there are a little less expensive. The cost of the median home in Easton is $124,800, which comes out to $12,000 (9%) lower than Phillipsburg. Rent there is fairly similar. Easton's median rent is $986 per month, which works out to $18 (1%) higher than Phillipsburg.
Lopatcong Overlook
Lopatcong Overlook is roughly 1 mile east from Phillipsburg. Its real estate prices are substantially more expensive. The value of the median home in Lopatcong Overlook is $202,600, which is $65,800 (32%) higher than Phillipsburg. Its rents are a bit more expensive. In Lopatcong Overlook the median rent is $1,408 per month, which works out to $440 (31%) higher than Phillipsburg.
Greenwich
Greenwich is roughly 2 miles east from Phillipsburg. Its real estate prices are significantly more expensive. The median home in Greenwich costs $335,900, which is $199,100 (59%) higher than Phillipsburg. Rents there are substantially more expensive. In Greenwich the median monthly rent is $2,593, which is $1,625 (62%) higher than Phillipsburg.
Alpha
Alpha is roughly 2 miles southeast of Phillipsburg. The real estate prices there are a little more expensive. The median home in Alpha is valued at $193,700, which is $56,900 (29%) higher than Phillipsburg. Rents there are somewhat more expensive. In Alpha the median monthly rent is $1,031, which comes out to $63 (6%) higher than Phillipsburg.