How do South Jersey prices compare to Philadelphia?

The value proposition of South Jersey versus Philadelphia is compelling for many buyers. In Philadelphia, home prices vary significantly by neighborhood. Center City and the fashionable neighborhoods like Fishtown, Northern Liberties, and Graduate Hospital have seen significant price increases. A $400,000 budget in Philadelphia might get you a 1,000 to 1,500 square foot row home or condo, depending on the neighborhood. In South Jersey's Burlington County, the same $400,000 could buy a 1,800 to 2,500 square foot single-family home with a yard, garage, and driveway. The tradeoff is that South Jersey has higher property taxes and a longer commute to Center City Philadelphia. However, the quality of life, especially for families, is often superior. The PATCO train makes the commute manageable for those who work in Philadelphia. Compared to the Pennsylvania suburbs of Philadelphia, South Jersey is generally more affordable. The Main Line, Bucks County, and western suburbs like Ardmore and Media have higher home prices than comparable South Jersey towns. The bridge toll and slightly longer commute are the main tradeoffs.