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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Harvey Cedars, NJ Housing Affordability Index

Harvey Cedars, New Jersey has an MBR Housing Affordability Index score of 71.7 (Moderately Less Affordable) as of October 30, 2026, ranking 402nd most affordable of 455 scored New Jersey cities, compared with 83.4 statewide and 97.4 nationally. On a median-priced $1,224,400 home with 20% down, a jumbo loan at 7.52% means a monthly principal and interest payment of about $6,860, or 56% of the city’s $146,250 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Harvey Cedars is updated every night from live New Jersey mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Harvey Cedars MBR-HAI 71.7 Moderately Less Affordable
Rank in New Jersey 402 of 455 1 = most affordable
New Jersey 83.4 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.27% New Jersey lenders
Median home value $1,224,400 U.S. Census Bureau

Harvey Cedars is 11.8 points below the New Jersey score. Scores as of October 30, 2026. See the New Jersey index

View Harvey Cedars Mortgage Rates

What It Takes to Buy in Harvey Cedars

$6,860/mo
Principal & Interest
Median home, 20% down, 7.52% jumbo
$294,000
Income Needed
To keep the payment at 28% of income
$146,250
Median Household Income
New Jersey: $103,556
8.4x
Price-to-Income Ratio
New Jersey: 4.4x
$1,926/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$9,632/yr
Median Property Tax
0.79% of median value
53.0%
Owner Cost Burden
Owners spending 30%+ of income on housing
25.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Harvey Cedars, New Jersey. The rate is the New Jersey average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state. A 20% down loan on the median home here is above the $832,750 conforming limit, so the index adds 0.25% for jumbo pricing.

Cite the Harvey Cedars Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Harvey Cedars, New Jersey score: 71.7 (Moderately Less Affordable), ranked 402 of 455 New Jersey cities. monitorbankrates.com/housing-affordability-index/new-jersey/harvey-cedars”