How much do homeowners pay a month in Princeton Junction, NJ?
Homeowners with a mortgage in Princeton Junction, NJ pay a median of $3,609 (±$230) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
75.5% of owned homes carry a mortgage.
In Princeton Junction, the median monthly cost with a mortgage went from $3,161 in 2015–2019 to $3,609 in 2020–2024 (+14.2%).
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
- $3,609 (±$230)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 75.5%
Monthly owner costs in Princeton Junction
| Princeton Junction | Mercer County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $3,609 (±$230) | $2,615 (±$56) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,500 or more | $1,136 (±$27) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 75.5% (±11.1 points) | 62.3% (±1.4 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,909 (±$148) | $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 Princeton Junction, the median cost with a mortgage is higher than in Mercer County ($2,615).
It is also higher than in New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Mercer County, Princeton Junction ranks 1 of 9 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 27 of 247.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Princeton Junction have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $3,161 (±$376) | $3,609 (±$230) | +14.2% | No measurable change after inflation |
| Median home value | $548,400 (±$41,286) | $709,800 (±$68,311) | +29.4% | 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 Princeton Junction
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Princeton Junction | — | $3,609 (±$230) | — |
| Plainsboro Center | 1.7 mi | $2,956 (±$836) | Not measurably different |
| Plainsboro Township | 2.4 mi | $3,791 (±$279) | Not measurably different |
| Princeton Meadows | 3.1 mi | $3,654 (±$697) | Not measurably different |
| Princeton | 3.4 mi | $4,000 or more | — |
| Kingston | 4.0 mi | $2,765 (±$1,551) | Not measurably different |
| Monmouth Junction | 5.0 mi | $3,297 (±$351) | Not measurably different |
| Heathcote | 5.2 mi | $3,585 (±$671) | Not measurably different |
| Cranbury | 5.4 mi | $3,947 (±$407) | Not measurably different |
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 Mercer County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Princeton Junction | $3,609 (±$230) |
| 2 | Robbinsville Center | $3,594 (±$338) |
| 3 | Groveville | $2,721 (±$385) |
| 4 | Hamilton Square | $2,655 (±$108) |
| 5 | Lawrenceville | $2,555 (±$516) |
| 6 | Yardville | $2,528 (±$202) |
| 7 | Mercerville | $2,496 (±$144) |
Showing 7 of 9 places in Mercer County, ranked from highest to lowest.
Princeton Junction is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside West Windsor Township, 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 Princeton Junction
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 Princeton Junction beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Princeton Junction, 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 Princeton Junction, and send estimates and invoices from your phone.
Questions about Princeton Junction
What is the average mortgage payment in Princeton Junction?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Princeton Junction, NJ is $3,609 (±$230) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Princeton Junction?
Owners without a mortgage in Princeton Junction pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Princeton Junction gone up?
In Princeton Junction, the median monthly cost with a mortgage went from $3,161 in 2015–2019 to $3,609 in 2020–2024 (+14.2%).
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 — Princeton Junction CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Princeton Junction CDP, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Princeton Junction CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Princeton Junction CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Princeton Junction 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 Princeton Junction CDP, New Jersey (place:60960, 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 Princeton Junction at a glance
- Renters and owners in Princeton Junction
- Income and affordability in Princeton Junction
- Home values in Princeton Junction
- Property taxes in Princeton Junction
- Types of homes in Princeton Junction
- Age of homes in Princeton Junction
- Heating fuel in Princeton Junction
- Commute and cars in Princeton Junction
- Population growth in Princeton Junction
- New Jersey landlord and tenant rules
- Housing across Mercer County
- Housing data for every place in New Jersey