How much do homeowners pay a month in Sussex Borough, NJ?
Homeowners with a mortgage in Sussex Borough, NJ pay a median of $2,102 (±$417) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,025 (±$138).
68.1% of owned homes carry a mortgage.
In Sussex Borough, the median monthly cost with a mortgage went from $1,750 in 2015–2019 to $2,102 in 2020–2024 (+20.1%).
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
- $2,102 (±$417)
- Without a mortgage
- $1,025 (±$138)
- Owned with a mortgage
- 68.1%
Monthly owner costs in Sussex Borough
| Sussex Borough | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $2,102 (±$417) | $2,473 (±$39) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,025 (±$138) | $1,110 (±$26) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 68.1% (±9.8 points) | 68.4% (±1.3 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,626 (±$477) | $8,568 (±$102) | $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 Sussex Borough, the median cost with a mortgage is not measurably different from Sussex County ($2,473).
It is also lower than in New Jersey ($2,829).
It is not measurably different from the national figure ($1,963).
In Sussex County, Sussex Borough ranks 22 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 471 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Sussex Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| 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 |
| Median home value | $212,400 (±$16,214) | $275,500 (±$46,043) | +29.7% | 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 Sussex Borough
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Sussex Borough | — | $2,102 (±$417) | — |
| Wantage Township | 3.3 mi | $2,368 (±$208) | Not measurably different |
| Hamburg Borough | 4.5 mi | $2,306 (±$212) | Not measurably different |
| Vernon Center | 5.6 mi | $1,624 (±$104) | Lower |
| Vernon Township | 6.3 mi | $2,252 (±$78) | Not measurably different |
| Hardyston Township | 6.3 mi | $2,291 (±$159) | Not measurably different |
| Vernon Valley | 6.8 mi | $2,226 (±$141) | Not measurably different |
| Village of Unionville | 6.8 mi | $2,667 (±$459) | Not measurably different |
| Lafayette Township | 6.9 mi | $2,780 (±$285) | Higher |
Nearby places with a measurably lower figure: Vernon Center, NJ ($1,624).
Nearby places with a measurably higher figure: Lafayette Township, NJ ($2,780).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Sussex County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 16 | Ogdensburg Borough | $2,256 (±$137) |
| 17 | Vernon Township | $2,252 (±$78) |
| 18 | Stillwater Township | $2,229 (±$207) |
| 19 | Franklin Borough | $2,223 (±$178) |
| 20 | Newton Town | $2,185 (±$149) |
| 21 | Sandyston Township | $2,157 (±$324) |
| 22 | Sussex Borough | $2,102 (±$417) |
| 23 | Montague Township | $1,900 (±$281) |
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.
What you can do on Seayora in Sussex Borough
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Questions about Sussex Borough
What is the average mortgage payment in Sussex Borough?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Sussex Borough, NJ is $2,102 (±$417) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Sussex Borough?
Owners without a mortgage in Sussex Borough pay a median of $1,025 (±$138) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Sussex Borough gone up?
In Sussex Borough, the median monthly cost with a mortgage went from $1,750 in 2015–2019 to $2,102 in 2020–2024 (+20.1%).
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 — Sussex borough, Sussex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 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
- Median Value (B25077), 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) and detailed tables (acs/acs5) 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 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 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
- Home values 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
- Housing data for every place in New Jersey