How much do homeowners pay a month in Long Hill Township, NJ?
Homeowners with a mortgage in Long Hill Township, NJ pay a median of $3,849 (±$329) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
56.7% of owned homes carry a mortgage.
In Long Hill Township, the median monthly cost with a mortgage went from $3,308 in 2015–2019 to $3,849 in 2020–2024 (+16.4%).
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
- $3,849 (±$329)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 56.7%
Monthly owner costs in Long Hill Township
| Long Hill Township | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $3,849 (±$329) | $3,295 (±$38) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,500 or more | $1,385 (±$21) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 56.7% (±8.2 points) | 64.5% (±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 Long Hill Township, the median cost with a mortgage is higher than in Morris County ($3,295).
It is also higher than in New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Morris County, Long Hill Township ranks 11 of 39 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 79 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Long Hill Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,308 (±$238) | $3,849 (±$329) | +16.4% | No measurable change after inflation |
| Median home value | $585,000 (±$22,112) | $697,100 (±$34,277) | +19.2% | 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 Long Hill Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Long Hill Township | — | $3,849 (±$329) | — |
| Lyons | 3.0 mi | $4,000 or more | — |
| Warren Township | 3.6 mi | $4,000 or more | — |
| Berkeley Heights Township | 3.6 mi | $3,871 (±$261) | Not measurably different |
| Basking Ridge | 3.8 mi | $4,000 or more | — |
| Bernards Township | 4.0 mi | $4,000 or more | — |
| Watchung Borough | 4.0 mi | $4,000 or more | — |
| Chatham Township | 4.0 mi | $4,000 or more | — |
| Harding Township | 4.0 mi | $4,000 or more | — |
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 Morris County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Kinnelon Borough | $4,000 or more |
| 1 (tie) | Madison Borough | $4,000 or more |
| 1 (tie) | Mendham Borough | $4,000 or more |
| 1 (tie) | Mendham Township | $4,000 or more |
| 1 (tie) | Mountain Lakes Borough | $4,000 or more |
| 10 | Montville Township | $3,901 (±$127) |
| 11 | Long Hill Township | $3,849 (±$329) |
| 12 | Boonton Township | $3,723 (±$591) |
| 13 | Chester Borough | $3,722 (±$295) |
| 14 | Randolph Township | $3,711 (±$157) |
| 15 | Morris Township | $3,662 (±$177) |
| 16 | Florham Park Borough | $3,627 (±$262) |
| 17 | Washington Township (Morris County) | $3,487 (±$172) |
Showing 13 of 39 places in Morris County, ranked from highest to lowest.
The figures for Long Hill Township include the places inside it that have pages of their own: Gillette, Millington, Stirling.
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 Long Hill Township
What is the average mortgage payment in Long Hill Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Long Hill Township, NJ is $3,849 (±$329) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Long Hill Township?
Owners without a mortgage in Long Hill Township pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Long Hill Township gone up?
In Long Hill Township, the median monthly cost with a mortgage went from $3,308 in 2015–2019 to $3,849 in 2020–2024 (+16.4%).
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 — Long Hill township, Morris County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Long Hill township, Morris County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Long Hill township, Morris County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Long Hill township, Morris County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Long Hill township, Morris 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 Long Hill township, Morris County, New Jersey (county subdivision:41362, in state:34 county:027).
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 Long Hill Township at a glance
- Renters and owners in Long Hill Township
- Income and affordability in Long Hill Township
- Home values in Long Hill Township
- Property taxes in Long Hill Township
- Types of homes in Long Hill Township
- Age of homes in Long Hill Township
- Heating fuel in Long Hill Township
- Commute and cars in Long Hill Township
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- Population growth in Long Hill Township
- How long people stay in Long Hill Township
- Crowding and facilities in Long Hill Township
- New Jersey landlord and tenant rules
- Housing across Morris County
- Housing data for every place in New Jersey