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South Amboy

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

Median Home$379,450
Median Rent$1,701/month
Population9,989
Leading IndustriesManufacturing · Agriculture & Mining · Professional Services14% manufacturing
Home Value Growth⬆⬆⬆+23.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners56% of occupied units
NotableTransit81/100 · excellent transit access
NotableAmenity Score68/100 · highly walkable area
South Amboy
NJ

Frequently Asked Questions

What are today's mortgage rates in South Amboy?

As of today, the 30-year fixed mortgage rate for South Amboy is approximately 6.888% (6.924% 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 South Amboy?

The median home value in South Amboy is $379k. The median monthly rent is $1,701. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Amboy?

Home values in South Amboy have increased 23.1% 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 South Amboy?

Based on a typical all-in ownership cost of $1,909/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $82k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Amboy is $92k/year.

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What industries drive the economy in South Amboy?

The largest employment sectors in South Amboy are public administration (22%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.