How much do homeowners pay a month in Riverside Township, NJ?

Homeowners with a mortgage in Riverside Township, NJ pay a median of $1,929 (±$95) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $929 (±$73).

63.0% of owned homes carry a mortgage.

In Riverside Township, the median monthly cost with a mortgage went from $1,843 in 2015–2019 to $1,929 in 2020–2024 (+4.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

With a mortgage
$1,929 (±$95)
Without a mortgage
$929 (±$73)
Owned with a mortgage
63.0%

Monthly owner costs in Riverside Township

Median selected monthly owner costs, estimate (90% margin of error)
Riverside TownshipBurlington CountyNew JerseyUnited States
With a mortgage$1,929 (±$95)$2,408 (±$23)$2,829 (±$8)$1,963
Without a mortgage$929 (±$73)$1,070 (±$17)$1,232 (±$6)$638
Owned homes with a mortgage63.0% (±6.4 points)66.0% (±0.9 points)63.9% (±0.2 points)60.6%
Median real estate taxes (a year)$6,594 (±$273)$7,983 (±$78)$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 Riverside Township, the median cost with a mortgage is lower than in Burlington County ($2,408).

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

It is not measurably different from the national figure ($1,963).

In Burlington County, Riverside Township ranks 35 of 40 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 510 of 560.

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

How owner costs in Riverside Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,843 (±$89)$1,929 (±$95)+4.7%Down after inflation
Median real estate taxes$5,622 (±$228)$6,594 (±$273)+17.3%No measurable change after inflation
Median home value$164,600 (±$5,013)$222,100 (±$12,153)+34.9%Up 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 Riverside Township

Nearest places with a published estimate, compared with Riverside Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Riverside Township—$1,929 (±$95)—
Delanco Township1.1 mi$1,957 (±$213)Not measurably different
Delran Township1.6 mi$2,489 (±$135)Higher
Edgewater Park Township2.3 mi$1,973 (±$215)Not measurably different
Andalusia2.4 mi$2,063 (±$188)Not measurably different
Beverly2.7 mi$1,753 (±$130)Lower
Cornwells Heights2.9 mi$2,811 (±$839)Higher
Cinnaminson Township3.1 mi$2,646 (±$95)Higher
Riverton Borough3.5 mi$2,492 (±$189)Higher

Nearby places with a measurably lower figure: Beverly, NJ ($1,753).

Nearby places with a measurably higher figure: Delran Township, NJ ($2,489), Cornwells Heights, PA ($2,811), Cinnaminson Township, NJ ($2,646).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Burlington County, place by place

RankPlaceMedian monthly cost with a mortgage
29Maple Shade Township$2,055 (±$94)
30Florence Township$2,022 (±$208)
31Burlington$1,974 (±$86)
32Edgewater Park Township$1,973 (±$215)
33Delanco Township$1,957 (±$213)
34 (tie)Mount Holly Township$1,929 (±$183)
34 (tie)Riverside Township$1,929 (±$95)
36Palmyra Borough$1,923 (±$77)
37Wrightstown Borough$1,885 (±$489)
38Beverly$1,753 (±$130)
39Washington Township (Burlington County)$1,734 (±$148)
40Pemberton Township$1,732 (±$73)

Showing 12 of 40 places in Burlington 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 Riverside Township

What is the average mortgage payment in Riverside Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Riverside Township, NJ is $1,929 (±$95) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Riverside Township?

Owners without a mortgage in Riverside Township pay a median of $929 (±$73) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Riverside Township gone up?

In Riverside Township, the median monthly cost with a mortgage went from $1,843 in 2015–2019 to $1,929 in 2020–2024 (+4.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

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 Riverside township, Burlington County, New Jersey (county subdivision:63510, in state:34 county:005).

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.

Figures last updated on .

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