How much do homeowners pay a month in Bloomfield Township, NJ?
Homeowners with a mortgage in Bloomfield Township, NJ pay a median of $3,167 (±$121) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,432 (±$62).
68.8% of owned homes carry a mortgage.
In Bloomfield Township, the median monthly cost with a mortgage went from $2,642 in 2015–2019 to $3,167 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $3,167 (±$121)
- Without a mortgage
- $1,432 (±$62)
- Owned with a mortgage
- 68.8%
Monthly owner costs in Bloomfield Township
| Bloomfield Township | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $3,167 (±$121) | $3,322 (±$46) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,432 (±$62) | $1,500 or more | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 68.8% (±3.4 points) | 68.3% (±0.9 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $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 Bloomfield Township, the median cost with a mortgage is lower than in Essex County ($3,322).
It is also higher than in New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Essex County, Bloomfield Township ranks 17 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 188 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Bloomfield Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,642 (±$96) | $3,167 (±$121) | +19.9% | No measurable change after inflation |
| Median home value | $329,900 (±$6,629) | $470,800 (±$12,972) | +42.7% | Up 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 Bloomfield Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Bloomfield Township | — | $3,167 (±$121) | — |
| Glen Ridge Borough | 1.0 mi | $4,000 or more | — |
| Montclair Township | 1.7 mi | $4,000 or more | — |
| Belleville Township | 1.7 mi | $2,873 (±$98) | Lower |
| Nutley Township | 1.8 mi | $3,245 (±$147) | Not measurably different |
| Silver Lake (Essex County) | 2.0 mi | $3,112 (±$1,222) | Not measurably different |
| Upper Montclair | 2.4 mi | $4,000 or more | — |
| East Orange | 3.3 mi | $2,615 (±$126) | Lower |
| Verona Township | 3.3 mi | $3,615 (±$185) | Higher |
Nearby places with a measurably lower figure: Belleville Township, NJ ($2,873), East Orange, NJ ($2,615).
Nearby places with a measurably higher figure: Verona Township, NJ ($3,615).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Essex County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 11 | Caldwell Borough | $3,626 (±$184) |
| 12 | Verona Township | $3,615 (±$185) |
| 13 | West Orange Township | $3,567 (±$100) |
| 14 | West Caldwell Township | $3,503 (±$176) |
| 15 | Cedar Grove Township | $3,417 (±$170) |
| 16 | Nutley Township | $3,245 (±$147) |
| 17 | Bloomfield Township | $3,167 (±$121) |
| 18 | Belleville Township | $2,873 (±$98) |
| 19 | Orange | $2,743 (±$179) |
| 20 | East Orange | $2,615 (±$126) |
| 21 | Newark | $2,572 (±$79) |
| 22 | Irvington Township | $2,489 (±$231) |
Showing 12 of 22 places in Essex County, ranked from highest to lowest.
The figures for Bloomfield Township include the places inside it that have pages of their own: Ampere North, Brookdale, Watsessing.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bloomfield Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bloomfield Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Bloomfield Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Bloomfield Township, and send estimates and invoices from your phone.
Questions about Bloomfield Township
What is the average mortgage payment in Bloomfield Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bloomfield Township, NJ is $3,167 (±$121) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Bloomfield Township?
Owners without a mortgage in Bloomfield Township pay a median of $1,432 (±$62) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Bloomfield Township gone up?
In Bloomfield Township, the median monthly cost with a mortgage went from $2,642 in 2015–2019 to $3,167 in 2020–2024 (+19.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bloomfield township, Essex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Bloomfield township, Essex County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bloomfield township, Essex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bloomfield township, Essex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bloomfield township, Essex County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Bloomfield township, Essex County, New Jersey (county subdivision:06260, in state:34 county:013).
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.
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.
Figures last updated on .
Related
- Housing in Bloomfield Township at a glance
- Median rent in Bloomfield Township
- Rent by bedrooms in Bloomfield Township
- Rent burden in Bloomfield Township
- Renters and owners in Bloomfield Township
- Income and affordability in Bloomfield Township
- Home values in Bloomfield Township
- Property taxes in Bloomfield Township
- Types of homes in Bloomfield Township
- Bedrooms in Bloomfield Township
- Age of homes in Bloomfield Township
- Vacancy rate in Bloomfield Township
- Heating fuel in Bloomfield Township
- Commute and cars in Bloomfield Township
- Crime reported to police in Bloomfield Township
- Population growth in Bloomfield Township
- How long people stay in Bloomfield Township
- Crowding and facilities in Bloomfield Township
- Local landlord and tenant rules in Bloomfield Township
- New Jersey landlord and tenant rules
- Housing across Essex County
- Housing data for every place in New Jersey