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Allamuchy

Learn about the people, housing, costs and businesses in Allamuchy, New Jersey

Median Home$378,400
Median Rent$1,929/month
Population158
Leading IndustriesEducation · Retail · Manufacturing3% education
Home Value Growth⬆⬆+15.1% over 2 years
Retirees21% of residentsnear the national average
Homeowners83% of occupied units
NotableHigh Incomes$132k/year · top 6% nationally
Allamuchy
NJ

Frequently Asked Questions

What are today's mortgage rates in Allamuchy?

As of today, the 30-year fixed mortgage rate for Allamuchy is approximately 6.920% (6.957% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Allamuchy?

The median home value in Allamuchy is $378k. The median monthly rent is $1,929. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allamuchy?

Home values in Allamuchy have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Allamuchy?

Based on a typical all-in ownership cost of $1,958/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allamuchy is $132k/year.

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What industries drive the economy in Allamuchy?

The largest employment sectors in Allamuchy are public administration (20%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.