Total monthly cost of ownership
Cost to Own a Home in Lindenwold, New Jersey
A $168,000 home here costs
$1,902per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $81,500 a year.
A standard mortgage calculator would have told you $931. The real number is $972 higher every month, 104% more than the payment most buyers budget for.
Compare Camden County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Lindenwold against Camden County and New Jersey
| Measure | Lindenwold | Camden County |
|---|---|---|
| Median home value | $168,300 | $262,200 |
| Median property tax | $6,683 | $8,063 |
| Effective tax rate | 3.971% | 3.075% |
| Median gross rent | $1,265 | $1,346 |
| Population | 21,534 | 524,042 |
The weather behind that power bill
Lindenwold sits in Camden County, which averages a high of 87.0°F in its hottest month and a low of 24.6°F in its coldest, with 42.79" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,074 cooling and 4,880 heating degree days, which is what sets the $167 electricity line above.
See the full climate breakdown for Camden County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Camden County
Full Camden County cost breakdown · Every county in New Jersey
Talk to someone who works this market
These are Lindenwold averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Lindenwold every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Lindenwold I already own here and may sell
Common questions
How much does it cost to own a home in Lindenwold?
A $168,000 home in Lindenwold, New Jersey costs approximately $1,902 per month with 20% down at 7.4%. That is $931 principal and interest, $556 property tax, $41 homeowners insurance, $235 utilities and $140 set aside for maintenance.
What is the property tax rate in Lindenwold?
Lindenwold has an effective property tax rate of 3.971%, based on a median home value of $168,300 and median real estate taxes of $6,683. That is higher than the Camden County average of 3.075%.
What is the average home price in Lindenwold?
The median owner-occupied home value in Lindenwold, New Jersey is $168,300, against $262,200 across Camden County.
Is it cheaper to rent or buy in Lindenwold?
Median gross rent in Lindenwold is $1,265 a month, against $1,902 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Lindenwold?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Lindenwold, New Jersey at today's rate takes a household income of roughly $81,500 a year. That covers the full $1,902 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Lindenwold, 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.