Hoboken vs Red Bank, NJ
Property taxes, schools, NJ Transit pass and monthly cost for Hoboken and Red Bank, side by side with sources.
At a glance
- Lower tax billHoboken, $9,531 a year
More info
Hoboken has the lower 2025 average residential tax bill: $9,531 a year, $1,406 less than $10,937 in Red Bank. Hoboken is below the NJ average of $10,340 and Red Bank is above it.
- Peak commuteHoboken 15 min vs Red Bank 73 min
More info
Peak commute is 15 minutes by PATH to 33rd Street in Hoboken and 73 minutes in Red Bank, 58 minutes shorter in Hoboken.
- Higher school resultsHoboken: ELA, math
More info
On the district results, Hoboken's district is higher on ELA (70.5% vs 46.5%) and math (61.0% vs 33.5%).
Figures are from the data file, version 2.5.3. Estimates are labeled. Sources and dates are in each section below. Add a third town in the compare tool.
Monthly cost
Estimated monthly cost Estimate
- Mortgage (principal and interest)
- Property tax
- Insurance
- NJ Transit pass
- Hoboken$5,023 / monthMortgage $4,280 · Property tax $700 · Insurance $43 · no commute · on a $785,000 median condo/townhouse home
More info
Same math as the monthly cost calculator, at its defaults: each town's headline median sale price, single-family unless the town's label says otherwise (GSMLS, 2025 closed sales), 20% down, a 30-year fixed loan at 7.24% (Freddie Mac weekly national average, week of Oct 29, 2026), the town's 2025 effective tax rate, homeowners insurance (condo insurance for condo towns), and the town's NJ Transit pass where it has one. Excludes flood insurance, PMI, HOA, utilities and maintenance. Change the numbers in the calculator.
Home prices
Median sale price, condo / townhouse
- Hoboken$785,000condo/townhouse median; no single-family sales in 2025 · 19 sales
Monthly mortgage
- Hoboken$4,280 / monthBased on the condo/townhouse median; no single-family sales in 2025
More info
Principal & interest only; excludes taxes and insurance; based on the condo/townhouse median (no single-family sales in 2025). Based on the single-family median unless a town's row says otherwise.
Source: GSMLS
Property taxes
Average residential tax bill, 2025
- Hoboken$9,531 / year$809 below the NJ average
- Red Bank$10,937 / year$597 above the NJ average
- NJ average$10,340 / yearState total, same series as the town bills
More info
Bills compare better than raw tax rates, because towns assess homes at different shares of market value.
Schools
4-year graduation rate
- Hoboken97.5% Above NJ average
- NJ state91.8%
More info
Not shown for Red Bank: K-8 district; see high school
Commute
NJ Transit adult monthly pass to NY Penn
- Red Bank$549 / month
More info
Not shown for Hoboken: Not on NJ Transit's rail-to-Penn fare chart; residents typically use PATH or the NY Waterway ferry (see fares)
Peak commute time
- Hoboken15 minPATH from Hoboken to 33rd Street (Midtown Manhattan)
More info
Typical from Hoboken (PATH): 15 min, median ride time of the direct scheduled PATH trips arriving 7:00-9:00 AM in PATH's weekday GTFS schedule (service through 2026-11-13); the count is for that schedule, not for Nov 18. Based on 14 trips.
- Red Bank73 min
More info
Typical from Red Bank: 80.5 min, median trip time of the scheduled trips arriving 7:00-9:00 AM on Wed 2026-11-18 (one itinerary per departure; dominated options excluded). Based on 6 trips.
PATH commute time
- Hoboken15 minHoboken (PATH) to 33rd Street (PATH)
More info
Typical: 15 min, median ride time of the direct scheduled PATH trips arriving 7:00-9:00 AM in PATH's weekday GTFS schedule (service through 2026-11-13); the count is for that schedule, not for Nov 18. Based on 14 trips.
Ferry commute time
- Hoboken7 minHoboken 14th St. to Midtown (W 39th St)
More info
Typical: 7 min, median scheduled crossing time of the weekday ferry sailings from this terminal that arrive at the destination 7:00-9:00 AM in NY Waterway's published timetable. Based on 6 trips.
Full pages: Hoboken · Red Bank. Find a local expert if you want help weighing these two towns.