Total monthly cost of ownership
Cost to Own a Home in Clearbrook, New Jersey
A $245,000 home here costs
$2,080per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,260. The real number is $821 higher every month — 65% 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.
Clearbrook against Middlesex County and New Jersey
| Measure | Clearbrook | Middlesex County |
|---|---|---|
| Median home value | $245,300 | $439,300 |
| Median property tax | $3,358 | $9,684 |
| Effective tax rate | 1.369% | 2.204% |
| Median gross rent | $1,944 | $1,810 |
| Population | 2,477 | 861,535 |
The weather behind that power bill
Clearbrook sits in Middlesex County, which averages a high of 86.5°F in its hottest month and a low of 22.9°F in its coldest, with 49.53" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,037 cooling and 5,101 heating degree days, which is what sets the $209 electricity line above.
See the full climate breakdown for Middlesex County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Middlesex County
Full Middlesex County cost breakdown · Every county in New Jersey
Common questions
How much does it cost to own a home in Clearbrook?
A $245,000 home in Clearbrook, New Jersey costs approximately $2,080 per month with 20% down at 6.66%. That is $1,260 principal and interest, $280 property tax, $60 homeowners insurance, $277 utilities and $204 set aside for maintenance.
What is the property tax rate in Clearbrook?
Clearbrook has an effective property tax rate of 1.369%, based on a median home value of $245,300 and median real estate taxes of $3,358. That is lower than the Middlesex County average of 2.204%.
What is the average home price in Clearbrook?
The median owner-occupied home value in Clearbrook, New Jersey is $245,300, against $439,300 across Middlesex County.
Is it cheaper to rent or buy in Clearbrook?
Median gross rent in Clearbrook is $1,944 a month, against $2,080 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 Clearbrook — 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.