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21st image of 12 Lance Dr, Brick, NJ 08723 | MLS# 226266001st image of 12 Lance Dr, Brick, NJ 08723 | MLS# 226266002nd image of 12 Lance Dr, Brick, NJ 08723 | MLS# 22626600

$339,990

2Bds

2Ba

1,109sqft

Single family home for sale

12 Lance Dr, Brick, NJ 08723

Nexthome Realty Premier Properties, Donna Malouf-Collimore

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Frequently Asked Questions

Where is the cheapest place to buy a house in New Jersey?

Camden is the most affordable place to buy a home in New Jersey, with a median price of about $154,000. It also has a cost of living nearly 6% below the national average, making it attractive for budget-conscious buyers.

Other low-cost options include Gloucester City, Atlantic City, and Vineland. These areas offer median home prices under $300,000 along with relatively lower living expenses compared to the rest of the state.

What is the average cost to buy a house in New Jersey?

The average home price in New Jersey is around $583,100, reflecting a 6.2% increase over the past year. Alongside rising prices, New Jersey's cost of living is about 15% higher than the national average, making homeownership more expensive overall.

How many homes are available for sale in New Jersey?

There are about 50,934 homes currently listed for sale in New Jersey. Among these, 90 are New Jersey's hot properties and 55 are newly listed properties across New Jersey.

What are the average HOA fees in New Jersey?

In New Jersey, average HOA fees typically range from $200 to $700 per month, depending on the location, property type, and amenities. Communities with basic services like lawn care or snow removal usually fall on the lower end.

Luxury condos or gated developments with pools, gyms, and concierge services often charge $500 or more per month. These fees cover building maintenance, security, and shared facilities.

Overall, HOA fees in New Jersey tend to be higher than the national average, especially in high-demand areas like Hoboken or Jersey City. Always check what's included before buying, as coverage and rules vary.

What is the average utility cost in New Jersey?

The average monthly utility cost for a standard household in New Jersey is around $540 to $560. This includes electricity, water, gas, sewer, trash, and internet services.

Electricity alone averages about $239/month, which is higher than the national norm. Water, sewer, and trash combined cost about $190 to $200/month, while gas typically ranges between $50 and $75/month. Internet adds around $60/month.

Utility costs in New Jersey are relatively high due to elevated energy rates and service fees, especially in urban areas.

Is it smarter to rent or buy a home in New Jersey?

Buying is often the better long-term choice in New Jersey, especially if you plan to stay for several years. The median home price is around $583,100, with estimated mortgage payments ranging from $3,100 to $3,300 depending on your loan terms. You can use a mortgage calculator to check your exact costs.

Renting is more flexible, especially if you're unsure about staying. Average monthly rent across the state is about $2,337, while two-bedroom units typically cost around $2,598. Cities like Hoboken and Jersey City are on the higher end.

Overall, New Jersey's housing market favors buying for long-term stability and equity. But if you value flexibility or plan to move soon, renting may be the smarter short-term move.

Is New Jersey a good place to live?

Yes, New Jersey is a great place to live if you value top schools, diverse communities, and access to big cities like New York and Philadelphia. It offers a mix of urban centers, walkable suburbs, and quiet coastal towns. Healthcare and public transit are also strong.

Princeton is often considered the best place to live in the state. It's known for its top-rated schools, charming downtown, and Ivy League presence. The median home price is around $1.53 million, and the area offers safety, green space, and a high quality of life.

Other top spots like Hoboken, Jersey City, and Montclair attract families and young professionals. They offer walkability, good jobs, and vibrant neighborhoods. Whether you prefer the city or the suburbs, New Jersey has great options.

What's the safest place to live in New Jersey?

Vernon Township is considered the safest place to live in New Jersey. It reports extremely low crime rates, with just 0.1 violent crimes and 0.9 property crimes per 1,000 residents. The area is quiet, community-focused, and surrounded by nature.

Other safe towns include Bernards, Sparta, and Jefferson. These places offer low crime, great schools, and a strong sense of community. They are ideal for families and those seeking peace of mind.

Can a foreigner buy a house in New Jersey?

Yes, foreigners can legally buy a house in New Jersey. There are no restrictions on citizenship or residency for owning property.

However, foreign buyers may face extra steps like higher down payments, more paperwork, and possible tax withholding when selling.

What are the disadvantages of moving to New Jersey?

High cost of living: Housing, healthcare, and groceries are all more expensive than average. This makes it harder to maintain an affordable lifestyle.

Highest property taxes in the US: New Jersey's property taxes are the highest nationwide. This adds a heavy financial burden for homeowners every year.

Traffic and congestion: Major highways and local roads are often crowded, especially near cities. This leads to longer commutes and increased daily stress.

Unpredictable weather: Summers can be hot and humid. Winters bring snow and ice. Occasional coastal flooding can also raise repair and insurance costs.
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    Based on information from the Monmouth Ocean Regional REALTORS® Multiple Listing Service through Aug 27, 2026, 1:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2025 Monmouth Ocean Regional REALTORS®. All Rights Reserved.

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    The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. © 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.

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$ 600,000

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