Ranked from ACS 2023 5-Year
Lowest Costs Beyond the Mortgage in New Jersey
Where the mortgage is most of what owning costs, and everything else is a thin slice on top. These are the counties where a payoff changes the most: the share in the first column is roughly what you would still be paying every month with no mortgage left at all. Modelled at 20% down at the rate this site currently uses, so the share moves with both.
New Jersey ranked
| # | County | Share beyond mortgage | Monthly beyond mortgage | Monthly to own |
|---|---|---|---|---|
| 1 | Cape May County | 34.2% | $1,097 | $3,206 |
| 2 | Bergen County | 35.0% | $1,708 | $4,875 |
| 3 | Monmouth County | 35.7% | $1,679 | $4,703 |
| 4 | Morris County | 36.0% | $1,669 | $4,643 |
| 5 | Hudson County | 36.6% | $1,568 | $4,283 |
| 6 | Somerset County | 36.9% | $1,633 | $4,430 |
| 7 | Ocean County | 37.4% | $1,172 | $3,129 |
| 8 | Hunterdon County | 37.6% | $1,606 | $4,269 |
| 9 | Essex County | 37.8% | $1,601 | $4,241 |
| 10 | Union County | 37.9% | $1,595 | $4,205 |
| 11 | Middlesex County | 39.3% | $1,515 | $3,861 |
| 12 | Passaic County | 39.7% | $1,542 | $3,888 |
| 13 | Burlington County | 41.7% | $1,246 | $2,990 |
| 14 | Sussex County | 41.7% | $1,309 | $3,139 |
| 15 | Mercer County | 41.8% | $1,347 | $3,221 |
| 16 | Warren County | 42.3% | $1,263 | $2,988 |
| 17 | Atlantic County | 42.8% | $1,091 | $2,547 |
| 18 | Gloucester County | 44.3% | $1,204 | $2,718 |
| 19 | Cumberland County | 44.4% | $877 | $1,975 |
| 20 | Camden County | 45.9% | $1,189 | $2,589 |
| 21 | Salem County | 46.6% | $1,038 | $2,229 |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Costs Beyond the Mortgage across all 3,133 US counties · Every county in New Jersey