Total monthly cost of ownership
Cost to Own a Home in Pine Hill, New Jersey
A $182,000 home here costs
$1,981per 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 $85,000 a year.
A standard mortgage calculator would have told you $992. The real number is $988 higher every month, 100% 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.
Pine Hill against Camden County and New Jersey
| Measure | Pine Hill | Camden County |
|---|---|---|
| Median home value | $182,200 | $262,200 |
| Median property tax | $6,741 | $8,063 |
| Effective tax rate | 3.700% | 3.075% |
| Median gross rent | $1,174 | $1,346 |
| Population | 10,762 | 524,042 |
The weather behind that power bill
Pine Hill 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 $163 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 Pine Hill 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 Pine Hill every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Pine Hill I already own here and may sell
Common questions
How much does it cost to own a home in Pine Hill?
A $182,000 home in Pine Hill, New Jersey costs approximately $1,981 per month with 20% down at 7.24%. That is $992 principal and interest, $561 property tax, $45 homeowners insurance, $231 utilities and $152 set aside for maintenance.
What is the property tax rate in Pine Hill?
Pine Hill has an effective property tax rate of 3.700%, based on a median home value of $182,200 and median real estate taxes of $6,741. That is higher than the Camden County average of 3.075%.
What is the average home price in Pine Hill?
The median owner-occupied home value in Pine Hill, New Jersey is $182,200, against $262,200 across Camden County.
Is it cheaper to rent or buy in Pine Hill?
Median gross rent in Pine Hill is $1,174 a month, against $1,981 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 Pine Hill?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pine Hill, New Jersey at today's rate takes a household income of roughly $85,000 a year. That covers the full $1,981 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pine Hill, 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.