How much do homeowners pay a month in Midland Park Borough, NJ?

Name: Homeowner costs in Midland Park Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Midland Park Borough, NJ pay a median of $3,205 (±$373) a month in selected owner costs (2020–2024 American Community Survey).

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

55.7% of owned homes carry a mortgage.

In Midland Park Borough, the median monthly cost with a mortgage went from $3,448 in 2015–2019 to $3,205 in 2020–2024 (−7.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on November 12, 2026.

With a mortgage: $3,205 (±$373)
Without a mortgage: $1,500 or more
Owned with a mortgage: 55.7%

Monthly owner costs in Midland Park Borough

Median selected monthly owner costs, estimate (90% margin of error)
	Midland Park Borough	Bergen County	New Jersey	United States
With a mortgage	$3,205 (±$373)	$3,547 (±$32)	$2,829 (±$8)	$1,963
Without a mortgage	$1,500 or more	$1,498 (±$18)	$1,232 (±$6)	$638
Owned homes with a mortgage	55.7% (±8.0 points)	61.6% (±0.8 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 Midland Park Borough, the median cost with a mortgage is not measurably different from Bergen County ($3,547).

It is also higher than in New Jersey ($2,829).

It is higher than the national figure ($1,963).

In Bergen County, Midland Park Borough ranks 51 of 69 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 178 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Midland Park Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$3,448 (±$212)	$3,205 (±$373)	−7.0%	Down after inflation
Median home value	$513,400 (±$31,997)	$607,200 (±$29,959)	+18.3%	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 Midland Park Borough

Nearest places with a published estimate, compared with Midland Park Borough
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Midland Park Borough	—	$3,205 (±$373)	—
Wyckoff Township	1.5 mi	$4,000 or more	—
Waldwick Borough	1.5 mi	$3,337 (±$100)	Not measurably different
Ridgewood Village	1.7 mi	$4,000 or more	—
Ho-Ho-Kus Borough	2.3 mi	$4,000 or more	—
Allendale Borough	2.6 mi	$4,000 or more	—
Glen Rock Borough	2.6 mi	$4,000 or more	—
Hawthorne Borough	2.8 mi	$3,295 (±$133)	Not measurably different
Saddle River Borough	3.2 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 Bergen County, place by place

Rank	Place	Median monthly cost with a mortgage
45	New Milford Borough	$3,335 (±$97)
46	Wallington Borough	$3,331 (±$251)
47	Cliffside Park Borough	$3,325 (±$235)
48	Fair Lawn Borough	$3,294 (±$77)
49 (tie)	Hasbrouck Heights Borough	$3,273 (±$116)
49 (tie)	Mahwah Township	$3,273 (±$335)
51	Midland Park Borough	$3,205 (±$373)
52	South Hackensack Township	$3,182 (±$255)
53	Ridgefield Park Village	$3,175 (±$159)
54	Dumont Borough	$3,168 (±$191)
55	North Arlington Borough	$3,148 (±$417)
56	Little Ferry Borough	$3,147 (±$598)
57	Bergenfield Borough	$3,140 (±$98)

Showing 13 of 69 places in Bergen 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 Midland Park Borough

What is the average mortgage payment in Midland Park Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Midland Park Borough, NJ is $3,205 (±$373) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Midland Park Borough?

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

Has the cost of owning a home in Midland Park Borough gone up?

In Midland Park Borough, the median monthly cost with a mortgage went from $3,448 in 2015–2019 to $3,205 in 2020–2024 (−7.0%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

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 Midland Park borough, Bergen County, New Jersey (county subdivision:46110, in state:34 county:003).

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.