How much do homeowners pay a month in Fair Haven Borough, NJ?

Homeowners with a mortgage in Fair Haven Borough, NJ pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

67.6% of owned homes carry a mortgage.

Figures last updated on .

With a mortgage
$4,000 or more
Without a mortgage
$1,500 or more
Owned with a mortgage
67.6%

Monthly owner costs in Fair Haven Borough

Median selected monthly owner costs, estimate (90% margin of error)
Fair Haven BoroughMonmouth CountyNew JerseyUnited States
With a mortgage$4,000 or more$3,070 (±$36)$2,829 (±$8)$1,963
Without a mortgage$1,500 or more$1,342 (±$19)$1,232 (±$6)$638
Owned homes with a mortgage67.6% (±8.4 points)64.0% (±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.

How owner costs in Fair Haven Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$731,900 (±$32,021)$992,200 (±$66,905)+35.6%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 Fair Haven Borough

Nearest places with a published estimate, compared with Fair Haven Borough
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Fair Haven Borough—$4,000 or more—
Red Bank Borough1.7 mi$2,809 (±$139)—
Little Silver Borough1.7 mi$4,000 or more—
Rumson Borough1.8 mi$4,000 or more—
Fairview2.2 mi$3,342 (±$308)—
Shrewsbury Borough2.6 mi$3,782 (±$312)—
Navesink2.7 mi$3,292 (±$673)—
Oceanport Borough3.3 mi$3,224 (±$250)—
Monmouth Beach Borough3.3 mi$3,850 (±$476)—

None of the nearby places differs measurably from this one on this figure.

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

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

RankPlaceMedian monthly cost with a mortgage
1 (tie)Colts Neck Township$4,000 or more
1 (tie)Deal Borough$4,000 or more
1 (tie)Fair Haven Borough$4,000 or more
1 (tie)Little Silver Borough$4,000 or more
1 (tie)Millstone Township$4,000 or more
1 (tie)Rumson Borough$4,000 or more
1 (tie)Sea Girt Borough$4,000 or more
1 (tie)Spring Lake Borough$4,000 or more
1 (tie)Upper Freehold Township$4,000 or more

Showing 9 of 53 places in Monmouth County, ranked from highest to lowest.

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 Fair Haven Borough

What is the average mortgage payment in Fair Haven Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fair Haven Borough, NJ is $4,000 or more a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Fair Haven Borough?

Owners without a mortgage in Fair Haven Borough pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

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 Fair Haven borough, Monmouth County, New Jersey (county subdivision:22440, in state:34 county:025).

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.

Figures last updated on .

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