We Have The Cheapest Place In New Jersey To Buy A House in 2025

Are you looking to buy a home? Maybe, like many, you don't want to go into debt for most of your adult life. Homes are expensive in New Jersey, so finding a "cheap home" in the Garden State can be frustrating.

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Where Does New Jersey Rank Regarding Home Buying Prices In America?

Bankrate’s April 2025 data likewise lists New Jersey’s median single-family home price at

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around $526,500, which is among the most expensive nationally.

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Where is the Cheapest Place to Buy a Home in New Jersey?

In a recent Patch article, they cited statistics from Zillow, which said the average single-family home in Camden is $151,947.

Here are some examples of affordable homes for sale in Camden:

• 1240 Chase Street ($154,900)
  • Single-family residence
  • Built in 1920
  • Modern floor plan with all-new flooring and a large, fenced-in backyard
• 801 Fairview Street ($84,995)
  • Multi-family
  • Commercial space on the first floor with a half-bath
  • Two-bed, one bath on the second floor
• 2682 N Congress Road ($199,000)
  • Single-family residence
  • Built in 1930
  • Renovated three-bed with original woodwork and doors
  • Hardwood floors and stained glass
• 812 Tulip Street ($139,900)
  • Townhouse
  • Built in 1925
  • Four-bedroom, two-bath located in the heart of Morgan Village
  • 1,999 square feet lot

The question is, would you buy in Camden? Patch said, "Could you live in Camden, a city in South Jersey? Would your answer change if moving to Camden meant you could shave tens of thousands of dollars off the price of a home?"