How much do homeowners pay a month in Long Valley, NJ?
Homeowners with a mortgage in Long Valley, NJ pay a median of $3,368 (±$287) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,277 (±$106).
61.3% of owned homes carry a mortgage.
In Long Valley, the median monthly cost with a mortgage went from $3,164 in 2015–2019 to $3,368 in 2020–2024 (+6.4%).
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
- $3,368 (±$287)
- Without a mortgage
- $1,277 (±$106)
- Owned with a mortgage
- 61.3%
Monthly owner costs in Long Valley
| Long Valley | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $3,368 (±$287) | $3,295 (±$38) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,277 (±$106) | $1,385 (±$21) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 61.3% (±14.0 points) | 64.5% (±0.9 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $9,675 (±$783) | $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 Valley, the median cost with a mortgage is not measurably different from 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 Valley ranks 8 of 27 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 39 of 247.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Long Valley have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,164 (±$438) | $3,368 (±$287) | +6.4% | No measurable change after inflation |
| Median real estate taxes | $9,345 (±$722) | $9,675 (±$783) | +3.5% | Down after inflation |
| Median home value | $394,200 (±$37,314) | $461,900 (±$24,856) | +17.2% | 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 Valley
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Long Valley | — | $3,368 (±$287) | — |
| Chester Borough | 4.6 mi | $3,722 (±$295) | Not measurably different |
| Chester Township | 4.7 mi | $4,000 or more | — |
| Beattystown | 4.9 mi | $2,905 (±$907) | Not measurably different |
| Califon Borough | 5.3 mi | $2,964 (±$272) | Lower |
| Flanders | 5.5 mi | $3,189 (±$269) | Not measurably different |
| Hackettstown Town | 5.6 mi | $2,548 (±$144) | Lower |
| Mount Olive Township | 6.1 mi | $3,154 (±$185) | Not measurably different |
| Tewksbury Township | 6.2 mi | $4,000 or more | — |
Nearby places with a measurably lower figure: Califon Borough, NJ ($2,964), Hackettstown Town, NJ ($2,548).
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 |
|---|---|---|
| 2 | Towaco | $3,929 (±$315) |
| 3 | Stirling | $3,906 (±$777) |
| 4 | Pine Brook | $3,698 (±$465) |
| 5 | Brookside | $3,682 (±$668) |
| 6 | Gillette | $3,648 (±$545) |
| 7 | Troy Hills | $3,432 (±$282) |
| 8 | Long Valley | $3,368 (±$287) |
| 9 | Rainbow Lakes | $3,307 (±$326) |
| 10 | Pompton Plains | $3,248 (±$273) |
| 11 | Flanders | $3,189 (±$269) |
| 12 | Parsippany | $3,145 (±$159) |
| 13 | Succasunna | $3,096 (±$169) |
| 14 | Mount Tabor | $3,045 (±$696) |
Showing 13 of 27 places in Morris County, ranked from highest to lowest.
Long Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Washington Township (Morris County), whose figures include it.
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 Long Valley
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 Long Valley beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Long Valley, 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 Long Valley, and send estimates and invoices from your phone.
Questions about Long Valley
What is the average mortgage payment in Long Valley?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Long Valley, NJ is $3,368 (±$287) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Long Valley?
Owners without a mortgage in Long Valley pay a median of $1,277 (±$106) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Long Valley gone up?
In Long Valley, the median monthly cost with a mortgage went from $3,164 in 2015–2019 to $3,368 in 2020–2024 (+6.4%).
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 Valley CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Long Valley CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Long Valley CDP, 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 Valley CDP, New Jersey (place:41400, in state:34).
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 Valley at a glance
- Income and affordability in Long Valley
- Home values in Long Valley
- Property taxes in Long Valley
- Types of homes in Long Valley
- Age of homes in Long Valley
- Heating fuel in Long Valley
- Commute and cars in Long Valley
- Population growth in Long Valley
- New Jersey landlord and tenant rules
- Housing across Morris County
- Housing data for every place in New Jersey