Much like its nearby areas, it is a little more expensive compared to the entire country. Compared to the city of New York however, it is significantly less expensive.
Home prices
The median home in Sewaren is valued at $285,900. In comparison to the surrounding areas this is roughly $3,880 (1%) higher.It is about $68,400 (31%) higher compared to the rest of the country, and in comparison to the city of New York it is roughly $320,100 (52%) lower.
Rents
Sewaren's median monthly rent is $1,353. Compared to its nearby areas this is approximately $129 (8%) lower.In comparison to the US as a whole it is about $291 (27%) higher, and in comparison to the city of New York is roughly $90 (6%) lower.
Nearby places
Woodbridge
Woodbridge is Sewaren's neighbor to the west. Housing prices there are fairly similar. The median home in Woodbridge is valued at $278,100, which works out to $7,800 (2%) lower than Sewaren. Rents there are somewhat more expensive. Woodbridge's median monthly rent is $1,676, which is $323 (19%) higher than Sewaren.
Port Reading
Port Reading is Sewaren's neighbor to the northeast. Real estate prices there are pretty similar. The median home in Port Reading is valued at $293,200, which comes out to $7,300 (2%) higher than Sewaren. Rents there are pretty similar. In Port Reading the median monthly rent is $1,365, which is very similar to Sewaren.
Perth Amboy
Perth Amboy is Sewaren's neighbor to the south. Its housing prices are somewhat less expensive. The median home in Perth Amboy is valued at $261,800, which works out to $24,100 (9%) lower than Sewaren. Its rents are fairly similar. The median monthly rent in Perth Amboy is $1,340, which is very similar to Sewaren.
Avenel
Avenel is approximately 2 miles north from Sewaren. Real estate prices there are a little less expensive. The median home in Avenel is valued at $262,800, which comes out to $23,100 (8%) lower than Sewaren. Rent there is a little more expensive. In Avenel the median rent is $1,483 per month, which comes out to $130 (8%) higher than Sewaren.
Fords
Fords is roughly 2 miles west of Sewaren. Real estate prices there are a little more expensive. The median home in Fords costs $314,200, which comes out to $28,300 (9%) higher than Sewaren. The rent there is a bit more expensive. Fords's median monthly rent is $1,547, which comes out to $194 (12%) higher than Sewaren.
