Total monthly cost of ownership
Cost to Own a Home in Bridgeton, New Jersey
A $134,000 home here costs
$1,457per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $689. The real number is $769 higher every month — 112% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bridgeton against Cumberland County and New Jersey
| Measure | Bridgeton | Cumberland County |
|---|---|---|
| Median home value | $134,400 | $205,600 |
| Median property tax | $4,175 | $5,048 |
| Effective tax rate | 3.106% | 2.455% |
| Median gross rent | $1,367 | $1,254 |
| Population | 26,836 | 152,915 |
The weather behind that power bill
Bridgeton sits in Cumberland County, which averages a high of 86.1°F in its hottest month and a low of 23.8°F in its coldest, with 43.37" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,050 cooling and 4,933 heating degree days, which is what sets the $209 electricity line above.
See the full climate breakdown for Cumberland County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cumberland County
Full Cumberland County cost breakdown · Every county in New Jersey
Common questions
How much does it cost to own a home in Bridgeton?
A $134,000 home in Bridgeton, New Jersey costs approximately $1,457 per month with 20% down at 6.66%. That is $689 principal and interest, $347 property tax, $33 homeowners insurance, $277 utilities and $112 set aside for maintenance.
What is the property tax rate in Bridgeton?
Bridgeton has an effective property tax rate of 3.106%, based on a median home value of $134,400 and median real estate taxes of $4,175. That is higher than the Cumberland County average of 2.455%.
What is the average home price in Bridgeton?
The median owner-occupied home value in Bridgeton, New Jersey is $134,400, against $205,600 across Cumberland County.
Is it cheaper to rent or buy in Bridgeton?
Median gross rent in Bridgeton is $1,367 a month, against $1,457 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bridgeton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Jersey.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.