Total monthly cost of ownership
Cost to Own a Home in Ogdensburg, New Jersey
A $312,000 home here costs
$3,009per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $129,000 a year.
A standard mortgage calculator would have told you $1,701. The real number is $1,308 higher every month, 77% more than the payment most buyers budget for.
Compare Sussex County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ogdensburg from a five-year rolling sample, and with about 2,231 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Sussex County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ogdensburg against Sussex County and New Jersey
| Measure | Ogdensburg | Sussex County |
|---|---|---|
| Median home value | $311,900 | $342,800 |
| Median property tax | $8,886 | $8,462 |
| Effective tax rate | 2.849% | 2.468% |
| Median gross rent | $1,390 | $1,503 |
| Population | 2,231 | 145,117 |
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 $163 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
Talk to someone who works this market
These are Ogdensburg 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 Ogdensburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Ogdensburg I already own here and may sell
Common questions
How much does it cost to own a home in Ogdensburg?
A $312,000 home in Ogdensburg, New Jersey costs approximately $3,009 per month with 20% down at 7.24%. That is $1,701 principal and interest, $741 property tax, $76 homeowners insurance, $231 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 $3,009 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 Ogdensburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ogdensburg, New Jersey at today's rate takes a household income of roughly $129,000 a year. That covers the full $3,009 monthly cost, not just the mortgage payment.
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.