Thinking about buying a home in a top-rated school zone? Here’s something to keep in mind: homes in these sought-after districts cost, on average, 35% more than the typical U.S. home. That means buyers are looking at needing an income of $159,000 compared to $118,000 for the median home. Only 13% of homes in these areas are affordable to folks earning the median income, and the price jump can vary a lot depending on where you’re looking. As someone who specializes in helping first-time buyers and families navigate the New Jersey market, I know how important it is to weigh your options—especially if you’re looking for great schools without stretching your budget. There are programs out there that can help with downpayment and closing costs, so if affordability feels out of reach, let’s talk about what’s possible for you.
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