How much do homeowners pay a month in Bedminster Township, NJ?

Name: Homeowner costs in Bedminster Township, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Bedminster Township, NJ pay a median of $2,513 (±$252) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,098 (±$74).

59.1% of owned homes carry a mortgage.

In Bedminster Township, the median monthly cost with a mortgage went from $2,289 in 2015–2019 to $2,513 in 2020–2024 (+9.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

With a mortgage: $2,513 (±$252)
Without a mortgage: $1,098 (±$74)
Owned with a mortgage: 59.1%

Monthly owner costs in Bedminster Township

Median selected monthly owner costs, estimate (90% margin of error)
	Bedminster Township	Somerset County	New Jersey	United States
With a mortgage	$2,513 (±$252)	$3,156 (±$52)	$2,829 (±$8)	$1,963
Without a mortgage	$1,098 (±$74)	$1,408 (±$26)	$1,232 (±$6)	$638
Owned homes with a mortgage	59.1% (±6.9 points)	64.1% (±1.0 points)	63.9% (±0.2 points)	60.6%
Median real estate taxes (a year)	$5,911 (±$664)	$10,000 or more	$9,590 (±$25)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Bedminster Township, the median cost with a mortgage is lower than in Somerset County ($3,156).

It is also lower than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Somerset County, Bedminster Township ranks 20 of 21 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 357 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Bedminster Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$2,289 (±$67)	$2,513 (±$252)	+9.8%	Down after inflation
Median real estate taxes	$5,078 (±$393)	$5,911 (±$664)	+16.4%	No measurable change after inflation
Median home value	$383,700 (±$16,589)	$448,500 (±$41,246)	+16.9%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Bedminster Township

Nearest places with a published estimate, compared with Bedminster Township
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Bedminster Township	—	$2,513 (±$252)	—
Peapack and Gladstone Borough	3.4 mi	$3,944 (±$299)	Higher
Far Hills Borough	3.6 mi	$3,777 (±$259)	Higher
Tewksbury Township	4.8 mi	$4,000 or more	—
Bridgewater Center	5.3 mi	$3,572 (±$255)	Higher
Liberty Corner	5.4 mi	$4,000 or more	—
White House Station	5.8 mi	$2,553 (±$277)	Not measurably different
Green Knoll	6.0 mi	$3,310 (±$260)	Higher
Bernards Township	6.2 mi	$4,000 or more	—

Nearby places with a measurably higher figure: Peapack and Gladstone Borough, NJ ($3,944), Far Hills Borough, NJ ($3,777), Bridgewater Center, NJ ($3,572).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Somerset County, place by place

Rank	Place	Median monthly cost with a mortgage
14	Millstone Borough	$2,813 (±$115)
15	Franklin Township (Somerset County)	$2,754 (±$92)
16	North Plainfield Borough	$2,749 (±$104)
17	Raritan Borough	$2,721 (±$97)
18	Bound Brook Borough	$2,692 (±$132)
19	South Bound Brook Borough	$2,611 (±$167)
20	Bedminster Township	$2,513 (±$252)
21	Manville Borough	$2,341 (±$122)

Showing 8 of 21 places in Somerset County, ranked from highest to lowest.

The figures for Bedminster Township include the places inside it that have pages of their own: Bedminster, The Hills.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Bedminster Township

What is the average mortgage payment in Bedminster Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bedminster Township, NJ is $2,513 (±$252) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Bedminster Township?

Owners without a mortgage in Bedminster Township pay a median of $1,098 (±$74) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Bedminster Township gone up?

In Bedminster Township, the median monthly cost with a mortgage went from $2,289 in 2015–2019 to $2,513 in 2020–2024 (+9.8%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bedminster township, Somerset County, New Jersey (county subdivision:04450, in state:34 county:035).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.