Rent to own Homes in New Jersey

Are you looking for rent-to-own homes in New Jersey? Great news: New Jersey is a prime rent-to-own home state! With a growing economy, an average household income of $42,745, and a median rent of $1,334 a month, buyers looking for affordable housing will find several excellent rent-to-own homes in areas with some of the state's biggest employers. With rent-to-own homes, you have the option of living in a home before you buy it. This means you can be sure that the home, the property, the neighbourhood, and the community are right for you (and your family) before you fully commit to purchasing the home. There are also buying programs in New Jersey to help first-time, and low-income home buyers buy a home with a government-back mortgage loan. These types of loans typically have lower credit score demands and lower down payment requirements.

New Jersey hosts major corporations in almost every industry. Johnson and Johnson, Prudential Financial, Honeywell International, PBF Energy, and Cognizant Technology Solutions are just a few of the multi-billion-dollar companies based out of the state. There are plenty of jobs available to its population of nearly 8.9 million residents. If you're looking for an economically-sound state with people from various races and ethnicities, look no further than the Garden State.

Check out New Jersey rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
1 of 46 202 Shearwater Ct W
Rent To Own
Port Liberté
Single Family Home
Jersey City, NJ 07305
2
3
1565 ft2
1988
Hot
116 CLOVER ST
Rent To Own
 
Single Family Home
Mount Holly, NJ 08060
4
2
1426 ft2
1945
14 PINE ACRES DR
Rent To Own
 
Single Family Home
Medford, NJ 08055
5
4
3847 ft2
2005
Fairview Manor, Fairview Manor
Rent To Own
 
Single Family Home
Vineland, NJ 08360
3
1
900 ft2
2022
1 of 5 141 MORAVIAN CHURCH RD
Rent To Own
 
Single Family Home
Swedesboro, NJ 08085
5
3
3736 ft2
1970
1976 Northeast Ave LOT 4
Rent To Own
 
Single Family Home
Vineland, NJ 08360
3
2
1848 ft2
2022
Hot
142 S ROUTE 73
Rent To Own
 
Single Family Home
Hammonton, NJ 08037
1
1
1100 ft2
1934
Hot
1 of 15 6 HIGHLAND AVE
Rent To Own
 
Single Family Home
Piscataway, NJ 08854
5
4
3270 ft2
1985
Hot
19 GRAND BAY HARBOR DR
Rent To Own
 
Single Family Home
Waretown, NJ 08758
2
3
1607 ft2
1990
241 W 108TH ST #4C
Rent To Own
Upper West Side
Townhouse/Condo
New York, NY 10025
1
1
750 ft2
1911
22 Lighthouse Point Rd
Rent To Own
 
Single Family Home
Highlands, NJ 07732
3
4
2227 ft2
2017
239 ALBERT ST
Rent To Own
North Plainfield
Single Family Home
North Plainfield, NJ 07063
5
3
2400 ft2
1952
30A W Roselle Ave #A
Rent To Own
Roselle Park
Single Family Home
Roselle Park, NJ 07204
2
1
0 ft2
1945
1 of 26 225 E 34TH ST
Rent To Own
Murray Hill
Townhouse/Condo
New York, NY 10016
2
2
1110 ft2
2007
518-536 Gregory Ave #B201
Rent To Own
 
Single Family Home
Weehawken, NJ 07086
1
1
700 ft2
366 BLACK OAK RIDGE RD
Rent To Own
 
Single Family Home
Wayne, NJ 07470
3
2
1808 ft2
1940
1 of 24 26 Clinton Street Unit 1A
Rent To Own
 
Multifamily (2 - 4 Units)
Belleville, NJ 07109
1
1
0 ft2
1970
Hot
1807 RIDGEVIEW CT
Rent To Own
Sayreville
Townhouse/Condo
Parlin, NJ 08859
3
2
1382 ft2
1997
Hot
1 LYNNWOOD RD
Rent To Own
North Potters New Dover
Single Family Home
Edison, NJ 08820
3
3
2241 ft2
1968
17 GEORGETOWN CT
Rent To Own
 
Single Family Home
Allentown, NJ 08501
3
4
3884 ft2
2003
17 BUCKNELL WAY
Rent To Own
 
Single Family Home
Hopatcong, NJ 07843
2
2
604 ft2
1940
Hot
32 HOWELL AVE
Rent To Own
Fords
Single Family Home
Fords, NJ 08863
4
1
1368 ft2
1945
328 UNION AVE
Rent To Own
Wood Ridge
Single Family Home
Wood Ridge, NJ 07075
4
2
2450 ft2
1946
6010 Boulevard E #64
Rent To Own
West New York
Single Family Home
West New York, NJ 07093
2
2
1535 ft2
Hot
109 PARKWOOD DR
Rent To Own
 
Single Family Home
Linwood, NJ 08221
3
3
2232 ft2
1989
Southwind Village
Rent To Own
 
Single Family Home
Jackson, NJ 08527
2
2
960 ft2
2022
20 LEXINGTON HL #10
Rent To Own
Kips Bay
Townhouse/Condo
Harriman, NY 10926
2
2
960 ft2
1985
20 TRENTON AVE
Rent To Own
 
Single Family Home
Point Pleasant Beach, NJ 08742
6
3
1680 ft2
1940
7 CENTRE ST #6110
Rent To Own
 
Townhouse/Condo
Ocean, NJ 07712
2
2
1485 ft2
2021
67 MADISON CT
Rent To Own
 
Townhouse/Condo
Tinton Falls, NJ 07712
1
2
944 ft2
1998
1 of 10 1401 44TH ST
Rent To Own
Meadowview
Single Family Home
North Bergen, NJ 07047
3
4
2012 ft2
2006
57 FRONT ST #704
Rent To Own
DUMBO
Townhouse/Condo
Brooklyn, NY 11201
2
2
1132 ft2
1899
Southwind Village Plan
Rent To Own
 
Single Family Home
Jackson, NJ 08527
2
2
960 ft2
2021
64 DAYTON CT #303
Rent To Own
 
Townhouse/Condo
Hackettstown, NJ 07840
2
1
1120 ft2
1993
158 STEUBEN ST
Rent to Own Eligible
Fairmount
Single Family Home
East Orange, NJ 07018
8
2
2241 ft2
1925
1 of 30 429 RIVERSIDE AVE
Rent to Own Eligible
Rutherford
Single Family Home
Rutherford, NJ 07070
3
2
1818 ft2
1944
New
34 MCAULIFFE DR
Rent to Own Eligible
Berdines Corner
Single Family Home
North Brunswick, NJ 08902
3
2
720 ft2
1949
1 of 44 244 MERCER ST
Rent to Own Eligible
Mill Hill
Single Family Home
Trenton, NJ 08611
2
1
1176 ft2
1868
52 AMHERST ST
Rent to Own Eligible
East Orange
Single Family Home
East Orange, NJ 07018
6
2
2620 ft2
1930
14 ESSEX ST
Rent to Own Eligible
Orange
Single Family Home
East Orange, NJ 07017
2
2
1298 ft2
1930
1 of 14 151 Remsen Ave
Rent to Own Eligible
New Brunswick
Single Family Home
New Brunswick, NJ 08901
2
2
968 ft2
1991
9 SURREY LN
Rent to Own Eligible
Society Hill
Single Family Home
Piscataway, NJ 08854
3
3
1712 ft2
1984
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More New Jersey Property Resources

Rent to own Homes in Cities Near New Jersey

Average Cost of Living in New Jersey

New Jersey has a wide range when it comes to the cost of living, depending on the municipality. The overall cost of living in the state is 20.4% higher than the rest of the country. It is higher than the national average in every category other than health. However, there are more affordable cities in the state. In Trenton, the state capital, the cost of living is nearly 20% lower than the country's average, and Vineland, a suburban town, is 14% lower. Some cities are much higher than the state average. For example, in Princeton, the cost of living is 94.6% above the national average and 74.2% higher than the state. Nevertheless, if you're looking to move to New Jersey, you can find affordable cities in many parts of the state.

Average Home Prices in New Jersey

Housing prices in New Jersey also vary greatly. The median cost of a home in the state is $329,300, which is 42.4% more than the national average of $231,200. In Trenton, the average price is $62,900, and the cost in Vineland is $153,200. In more expensive cities, like Princeton, you'll pay closer to $1 million. Before moving to New Jersey, figure out approximately where you would like to live. If that city's housing prices are too costly for your budget, you're sure to find a more affordable municipality nearby. There are plenty of options available at every price range, making New Jersey an excellent destination for anyone looking for a rent-to-own home.

New Jersey Statistics

If you're interested in New Jersey rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common New Jersey statistics compared to the U.S. national average.

New Jersey Averages National Averages
One-Way Commute 31.5 minutes 26.4 minutes
Violent Crime 15.3 22.7
Property Crime 25.0 35.4
Unemployment Rate 4.2% 3.9%
Income Tax Rate 5.5% 4.6%
Air Quality 53 58
Water Quality 20 55
Median Household Income $72,062 $53,482
Median Property Taxes $1,500 $2,200
Utilities $102/month $112/month
Monthly Rent $1,400 $1,470
Median Home Cost $329,300 $231,200
Median Home Age 47 years 40 years

Popular New Jersey Cities

Atlantic City - Located along the Jersey shore, this city is famously known as a casino town. The Borgata, Bally's, Caesars, The Golden Nugget, Harrah's, the Tropicana, Hard Rock, and several other Atlantic City resort casinos help attract the city's 27 million yearly visitors. Residents and guests enjoy walking along the boardwalk, sunbathing at the beach during the summer, the Steel Pier Amusement Park located on the water, and first-class shopping and dining.

Cape May - Cape May is located at the southern tip of New Jersey. This quaint shore town is quiet for most of the year. But when summer comes around, it is a bustling hotspot for people from all over the country. While the beach is the main attraction, people enjoy boutique shops and amenities such as the Cape May Zoo, the Historic Cold Spring Village, museums, and observatories. There are plenty of hotels, resorts, and eateries to accommodate the summer crowds. But many visitors enjoy coming during the quieter months when they can have the town to themselves at more affordable prices.

Newark - With 282,862 residents, Newark is the most populous city in New Jersey and the 74th most-populous in the country. It is only an eight-mile drive from Manhattan, NY, and is the home of the world-famous Prudential Center and the New Jersey Devils. Getting in and out of the city is very convenient - Newark Liberty International Airport, located just minutes from downtown, has domestic and international flights to get people to any destination in the world. Getting around town is also simple, with options such as the NJ Transit bus system, New Penn Station trains, a light rail, and Uber and Lyft. Newark offers its residents a hopping city life with a business district, a downtown, and a great nightlife scene.

Popular Amenities and Attractions in New Jersey

Six Flags Great Adventure has loads of breathtaking thrill rides and roller coasters. Children and adults will enjoy the endless shows and events at New Jersey's largest amusement park. Drive through the 350-acre safari with more than 1,200 animals from six continents. Live entertainment, dozens of eateries, and a world-class waterpark will keep your entire family entertained for days.

Liberty State Park consists of 1,122 acres of open space and 300 acres for recreation. The waterfront park located in northern New Jersey attracts four million visitors every year. You can check out the Manhattan skyline from across the river, take a ferry to the Statue of Liberty, or just relax and walk the open space to refresh yourself after a long day. On-site bike rentals are available, and visitors can picnic - and even barbeque - in the park.

If you're spending a few days in the area, you can visit the Liberty Science Center, located within Liberty State Park. The world-renowned museum has endless exhibits and shows, an Imax theatre, and a planetarium. Wrap up your day with a meal at the classy Café Skylines, which is located on the second floor of the building.

If you're thinking of switching states, the Garden State has everything you need, including many excellent New Jersey rent-to-own homes.