What is the median home value in Sussex Borough, NJ?
The median value of owner-occupied homes in Sussex Borough, NJ is $275,500 (±$46,043), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Sussex Borough, the median home value went from $212,400 in 2015–2019 to $275,500 in 2020–2024 (+29.7%).
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 .
- Median home value
- $275,500 (±$46,043)
- Owner-occupied homes
- 376 (±77)
- Most common range
- $300,000 to $499,999
Home values in Sussex Borough
| Value | Sussex Borough | Sussex County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 9.8% (±8.5 points) | 2.7% | 2.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±11.3 points) | 1.1% | 1.8% | 6.1% |
| $100,000 to $149,999 | 1.1% (±1.7 points) | 2.1% | 2.2% | 6.8% |
| $150,000 to $199,999 | 11.7% (±7.3 points) | 4.5% | 4.3% | 9.0% |
| $200,000 to $299,999 | 34.0% (±12.3 points) | 20.4% | 12.9% | 17.8% |
| $300,000 to $499,999 | 43.4% (±12.8 points) | 48.8% | 34.2% | 26.9% |
| $500,000 to $999,999 | 0.0% (±11.3 points) | 18.8% | 34.5% | 20.9% |
| $1,000,000 or more | 0.0% (±11.3 points) | 1.7% | 7.6% | 7.1% |
The most common range is $300,000 to $499,999, 43.4% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Sussex Borough against Sussex County, its state and the nation
| Sussex Borough | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $275,500 (±$46,043) | $369,400 (±$4,606) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 376 (±77) | 48,366 (±720) | 2,239,128 (±10,678) | 84,210,142 |
In Sussex Borough, the median home value is lower than in Sussex County ($369,400).
It is also lower than in New Jersey ($454,400).
It is lower than the national figure ($332,700).
In Sussex County, Sussex Borough ranks 22 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 480 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Sussex Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $212,400 (±$16,214) | $275,500 (±$46,043) | +29.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,750 (±$127) | $2,102 (±$417) | +20.1% | No measurable change after inflation |
| Median real estate taxes | $6,050 (±$478) | $6,626 (±$477) | +9.5% | Down 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 home value in places near Sussex Borough
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Sussex Borough | — | $275,500 (±$46,043) | — |
| Wantage Township | 3.3 mi | $370,100 (±$13,389) | Higher |
| Hamburg Borough | 4.5 mi | $280,900 (±$24,577) | Not measurably different |
| Vernon Center | 5.6 mi | $173,500 (±$42,010) | Lower |
| Vernon Township | 6.3 mi | $331,000 (±$10,712) | Higher |
| Hardyston Township | 6.3 mi | $360,400 (±$21,965) | Higher |
| Vernon Valley | 6.8 mi | $373,500 (±$21,901) | Higher |
| Village of Unionville | 6.8 mi | $365,200 (±$35,999) | Higher |
| Lafayette Township | 6.9 mi | $490,200 (±$42,312) | Higher |
Nearby places with a measurably lower figure: Vernon Center, NJ ($173,500).
Nearby places with a measurably higher figure: Wantage Township, NJ ($370,100), Vernon Township, NJ ($331,000), Hardyston Township, NJ ($360,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Sussex County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 16 | Sandyston Township | $337,400 (±$36,083) |
| 17 | Hampton Township | $336,700 (±$37,149) |
| 18 | Vernon Township | $331,000 (±$10,712) |
| 19 | Ogdensburg Borough | $324,500 (±$22,256) |
| 20 | Newton Town | $302,700 (±$23,242) |
| 21 | Hamburg Borough | $280,900 (±$24,577) |
| 22 | Sussex Borough | $275,500 (±$46,043) |
| 23 | Franklin Borough | $272,600 (±$17,162) |
Showing 8 of 23 places in Sussex 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 Sussex Borough
What is the average home value in Sussex Borough, NJ?
The Census Bureau publishes the median: $275,500 (±$46,043) for owner-occupied homes in Sussex Borough (2020–2024 American Community Survey).
Have home values in Sussex Borough gone up?
In Sussex Borough, the median home value went from $212,400 in 2015–2019 to $275,500 in 2020–2024 (+29.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Sussex Borough sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sussex borough, Sussex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sussex borough, Sussex County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Sussex borough, Sussex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Sussex borough, Sussex 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) for Sussex borough, Sussex County, New Jersey (county subdivision:71670, in state:34 county:037).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
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 Sussex Borough at a glance
- Median rent in Sussex Borough
- Rent by bedrooms in Sussex Borough
- Rent burden in Sussex Borough
- Renters and owners in Sussex Borough
- Income and affordability in Sussex Borough
- Homeowner costs in Sussex Borough
- Property taxes in Sussex Borough
- Types of homes in Sussex Borough
- Bedrooms in Sussex Borough
- Age of homes in Sussex Borough
- Heating fuel in Sussex Borough
- Commute and cars in Sussex Borough
- Population growth in Sussex Borough
- How long people stay in Sussex Borough
- New Jersey landlord and tenant rules
- Housing across Sussex County
- New Jersey places ranked by median home value
- Housing data for every place in New Jersey