07305, NJ Homeowners Insurance Rates

With a population size of 67,947 and with 24,490 occupied homes in the 07305 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Jersey City, NJ are around $949 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Jersey City, New Jersey. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your New Jersey home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Jersey City, NJ.

For New Jersey home insurance information, including average Jersey City home insurance rates, coverage options or the different homeowners insurance types, please select Jersey City, NJ Home Insurance Quotes Now!

07305 Home Insurance Average Premiums

Local 07305 homeowners insurance quotes comparison

$699 /yr.

Shows Zip Code: 07305 lowest rates with discounts applied on average.

For the 07305, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:	Annual Premium
1800 sq. ft. or below (discounts applied)	$699 /yr.
Average Coverage:	$949 /yr.
2600 sq. ft. or higher (all discounts applied)	$1249 /yr.

What is the average home insurance cost for a home in 07305?

• The average homeowners insurance premium paid annually for a home in 07305 is around $949 per year.

What does it cost on average per month for home insurance in 07305?

• Homeowners in 07305 pay a monthly average cost per month around $79.00.

What kind of discount could I get if I combine my home and auto insurance together in 07305?

• Autoowners in 07305 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Jersey City area, check out other zip codes nearby 07305.
Review average rates in another zip code:
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07305 homeowners insurance rates

Home Replacement Cost Coverage in 07305

Average Building Cost Per Square Foot in 07305: $193

Location: Jersey City, New Jersey (Hudson County)

Average Square Footage in 07305: 1,807 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 07305 before you start any project. Jersey City homeowners pay on average around $193 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 07305 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 07305 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,807 sq. ft. and the average cost to rebuild the home in this area is around $193 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Jersey City area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$193	1,807	$348,800
Additional Upgrades & Added Features	$241	1,807	$436,000
Major Home Updates or Advancements	$290	1,807	$523,200

Calculate Your Dwelling Coverage in 07305

It's important to understand that when you estimate your replacement cost of your home in the 07305 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Home & Auto Insurance Agencies in 07305

Santana, Alberto - State Farm Insurance Agent

Address: 1755 John F Kennedy Blvd Jersey City, NJ 07305
Phone:
Website: http://www.newyork.citysearch.com/profile/external/634790980/jersey_city_nj/santana_alberto_state_farm_insurance_agent.html
Info:

Royale Insurance Agency

Address: 2184 John F Kennedy Blvd Jersey City, NJ 07305
Phone:
Website: http://www.newyork.citysearch.com/profile/666670170/jersey_city_nj/royale_insurance_agency.html
Info:

Housing Demographics for 07305

Population Review for 07305 Zip Code

For the city of Jersey City, the population within 07305 has increased to over 61,053 residents in population size. The current population total is 67,947. We have broken down the population based on race below. In 07305, there are over 31843 in male population and 36104 females.

Population	Values
Total Population	67,947
White Population	9574
Black Population	29401
Hispanic Population	17824
Asian Population	10997
Hawaiian Population	32
Indian Population	456
Other Population	11162
Male Population	31843
Female Population	36104
Population Estimate	61053

Household Data for 07305

The average number of homes in 07305 is around 24,490, there are an average of 2.73 per household. The average house value according to local real estate values is around $348,800. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	24,490
Persons Per Household	2.73
Average House Value	$348,800
Income Per Household	$67048
Median Age	35.6
Median Age Male	33.5
Median Age Female	37.5

07305 Details	Values
State	NJ
State Full Name	New Jersey
City Type	P
City Alias Abbreviation
Area Code	201/551/862
City	Jersey City
City Alias Name	JERSEY CITY
County	Hudson
County FIPS	017
State FIPS	34
Time Zone	5
Day Light Saving	Y
MSA	5602
PMSA	3640
CSA	408
CBSA	35620
CBSA_DIV	35614
CBSA_Type	Metro
CBSA_Name	New York-Newark-Jersey City, NY-NJ
MSA_Name	New York-Northern New Jersey-Long Island, NY-NJ-CT-PA
PMSA_Name	Jersey City, NJ PMSA
Region	Northeast
Division	Middle Atlantic
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	640
Number Of Employees	10151
Business First Quarter Payroll	148957
Business Annual Payroll	675704
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	18897109
CBSA Division Population	11576251
Congressional District	08\|10
Congressional LandArea	54.69\|75.92
Delivery Residential	22364
Delivery Business	961
Delivery Total	26405
Preferred Last Line Key	V10698
Classification Code
Multi-County
CSA Name	New York-Newark, NY-NJ-CT-PA
CBSA_DIV_Name	New York-Jersey City-White Plains, NY-NJ
City State Key	V10698
Land Area	5.700000
Water Area	5.112000
City Alias Code
City Mixed Case	Jersey City
City Alias Mixed Case	Jersey City
Box Count	360
SFDU	12254
MFDU	8405
State ANSI	34
County ANSI	017
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	333870
Unique ZIP Name
SSA State County Code	31230
Medicare CBSA Code	35614
Medicare CBSA Name	New York-Jersey City-White Plains, NY-NJ
Medicare CBSA Type	Metro
Market Rating Area ID	1
County Mixed Case	Hudson

New Jersey Homeowners Insurance News & Information

Buy Flood Insurance: What we learned from Hurricane Ida Posted on Monday 20th September, 2021
On September 2, 2021, Parked cars in New Brunswick, New Jersey submerged underwater after Tropical Storm Ida. Hurricane Ida struck Louisiana as a category 4 hurricane with 150 mile an hour winds and days later hit New Jersey, New York, and other states with a massive amount of rain that has caused numerous flash floods, […]
FEMA’s new rating system is called “Risk Rating 2.0,” effective October 1st, 2021 Posted on Wednesday 28th April, 2021
A recent report by ValuePenguin looked at the new risk ratings that the Federal Emergency Management Agency’s (FEMA) will be using when determining premiums for flood insurance in the National Flood Insurance Program (NFIP). The report found that millions of homeowners could see noticeable increases in flood insurance costs. FEMA’s new rating system is called […]

Home Insurance Quotes in 07305!