New Jersey

How Much Money Do You Need To Buy A House In New Jersey?

Recommended Minimum Savings Minimum Down Payment $8,750 Closing Costs $8,494 Estimated Cash Needed to Close $17,244 Recommended Cash Reserve $4,467 Total Recommended Savings $21,711 How much do I need to make to afford a house in NJ? (It’s behind Hawaii, California, Massachusetts and New York.) According to the study, a New Jersey family needs to …

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