Cost to Own
United StatesNew JerseySussex CountyOgdensburg Population 2,231 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Ogdensburg, New Jersey

A $312,000 home here costs

$2,958

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,604. The real number is $1,354 higher every month — 84% more than the payment most buyers budget for.

Ogdensburg median: $311,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $249,600 borrowed $1,604
Property tax2.849% effective rate for Ogdensburg itself $741
Homeowners insuranceNew Jersey averages $1,309/yr (NAIC), or 0.294% of home value $76
Electricity23.27¢/kWh — New Jersey residential average, EIA $209
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $260
Total monthly $2,958

Ogdensburg against Sussex County and New Jersey

MeasureOgdensburgSussex County
Median home value$311,900$342,800
Median property tax$8,886$8,462
Effective tax rate2.849%2.468%
Median gross rent$1,390$1,503
Population2,231145,117

The weather behind that power bill

Ogdensburg sits in Sussex County, which averages a high of 83.6°F in its hottest month and a low of 18.0°F in its coldest, with 40.95" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 639 cooling and 6,048 heating degree days, which is what sets the $209 electricity line above.

See the full climate breakdown for Sussex County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Sussex County

Full Sussex County cost breakdown · Every county in New Jersey

Common questions

How much does it cost to own a home in Ogdensburg?

A $312,000 home in Ogdensburg, New Jersey costs approximately $2,958 per month with 20% down at 6.66%. That is $1,604 principal and interest, $741 property tax, $76 homeowners insurance, $277 utilities and $260 set aside for maintenance.

What is the property tax rate in Ogdensburg?

Ogdensburg has an effective property tax rate of 2.849%, based on a median home value of $311,900 and median real estate taxes of $8,886. That is higher than the Sussex County average of 2.468%.

What is the average home price in Ogdensburg?

The median owner-occupied home value in Ogdensburg, New Jersey is $311,900, against $342,800 across Sussex County.

Is it cheaper to rent or buy in Ogdensburg?

Median gross rent in Ogdensburg is $1,390 a month, against $2,958 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 Ogdensburg — 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.

Full methodology