So, what does $400,000 get you in Monmouth County? You won't be all that disappointed.

With the average real estate cost in New Jersey raising to $311,000 in 2017, having enough that is just over the median actually allows you to buy a pretty decent piece of property.

The perfect example is the house available at 26 Davis Lane in Red Bank.

Check out photos of this 1,426 square foot home which has four bedrooms, two bathrooms, and is move-in ready for the off-market price of $382,652.

In 2017, property taxes cost $7,002 but being that this piece of real estate falls way below the average listing price in the county, I would take advantage.

Take a look at how other counties in New Jersey compare to this real estate challenge at NJ.com.

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