How much do homeowners pay a month in Fredon Township, NJ?
Homeowners with a mortgage in Fredon Township, NJ pay a median of $2,958 (±$285) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,207 (±$279).
62.1% of owned homes carry a mortgage.
In Fredon Township, the median monthly cost with a mortgage went from $2,663 in 2015–2019 to $2,958 in 2020–2024 (+11.1%).
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
- $2,958 (±$285)
- Without a mortgage
- $1,207 (±$279)
- Owned with a mortgage
- 62.1%
Monthly owner costs in Fredon Township
| Fredon Township | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $2,958 (±$285) | $2,473 (±$39) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,207 (±$279) | $1,110 (±$26) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 62.1% (±7.5 points) | 68.4% (±1.3 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,568 (±$102) | $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 Fredon Township, the median cost with a mortgage is higher than in Sussex County ($2,473).
It is not measurably different from New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Sussex County, Fredon Township ranks 2 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 226 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Fredon Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,663 (±$180) | $2,958 (±$285) | +11.1% | No measurable change after inflation |
| Median home value | $362,000 (±$13,021) | $457,600 (±$26,884) | +26.4% | 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 Fredon Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Fredon Township | — | $2,958 (±$285) | — |
| Green Township | 3.6 mi | $2,860 (±$303) | Not measurably different |
| Newton Town | 3.8 mi | $2,185 (±$149) | Lower |
| Stillwater Township | 4.3 mi | $2,229 (±$207) | Lower |
| Andover Borough | 4.7 mi | $2,469 (±$252) | Lower |
| Andover Township | 4.8 mi | $2,741 (±$354) | Not measurably different |
| Hampton Township | 4.9 mi | $2,294 (±$124) | Lower |
| Frelinghuysen Township | 6.0 mi | $2,648 (±$415) | Not measurably different |
| Crandon Lakes | 6.9 mi | $2,030 (±$422) | Lower |
Nearby places with a measurably lower figure: Newton Town, NJ ($2,185), Stillwater Township, NJ ($2,229), Andover Borough, NJ ($2,469).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Sussex County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Sparta Township | $3,391 (±$189) |
| 2 | Fredon Township | $2,958 (±$285) |
| 3 | Green Township | $2,860 (±$303) |
| 4 | Lafayette Township | $2,780 (±$285) |
| 5 | Andover Township | $2,741 (±$354) |
| 6 | Byram Township | $2,714 (±$126) |
| 7 | Stanhope Borough | $2,686 (±$341) |
| 8 | Branchville Borough | $2,570 (±$271) |
Showing 8 of 23 places in Sussex 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.
What you can do on Seayora in Fredon 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 Fredon Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Fredon 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 Fredon Township, and send estimates and invoices from your phone.
Questions about Fredon Township
What is the average mortgage payment in Fredon Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fredon Township, NJ is $2,958 (±$285) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Fredon Township?
Owners without a mortgage in Fredon Township pay a median of $1,207 (±$279) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Fredon Township gone up?
In Fredon Township, the median monthly cost with a mortgage went from $2,663 in 2015–2019 to $2,958 in 2020–2024 (+11.1%).
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 — Fredon township, Sussex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fredon township, Sussex County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Fredon township, Sussex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Fredon township, Sussex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fredon township, Sussex 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 Fredon township, Sussex County, New Jersey (county subdivision:25140, in state:34 county:037).
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 Fredon Township at a glance
- Income and affordability in Fredon Township
- Home values in Fredon Township
- Property taxes in Fredon Township
- Types of homes in Fredon Township
- Bedrooms in Fredon Township
- Age of homes in Fredon Township
- Heating fuel in Fredon Township
- Commute and cars in Fredon Township
- Population growth in Fredon Township
- How long people stay in Fredon Township
- New Jersey landlord and tenant rules
- Housing across Sussex County
- Housing data for every place in New Jersey