A significant chunk of Northern New Jersey suffers from massive real estate prices. The area’s proximity to New York City plays a role in the area’s high demand and inflated home costs. This isn’t the case in South Jersey. Home costs here are generally much more affordable.
In areas like Camden, Gloucester Township, and Vineland, homes are listed for well under the national average price. Cherry Hill homes are slightly more pricey, but even there, they are still largely affordable for most buyers. Home costs in South New Jersey won’t break the bank for the average person, which only increases the desirability of the market.