New Jersey Home Buyers Face $480,000 Premium to Live in Top-Rated School Districts

Homes in New Jersey's top-rated school districts cost over $480,000 more than comparable properties in lower-rated areas, the second-largest gap nationwide. This premium forces many families to stretch budgets, cutting back on activities and purchases. Despite this, New Jersey's overall school quality is high, suggesting families might find good options without paying peak prices. Buyers face significant financial pressure to secure preferred school zones.

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