How much do homeowners pay a month in Warren Township, NJ?
Homeowners with a mortgage in Warren Township, NJ pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
57.4% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $4,000 or more
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 57.4%
Monthly owner costs in Warren Township
| Warren Township | Somerset County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $4,000 or more | $3,156 (±$52) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,500 or more | $1,408 (±$26) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 57.4% (±3.9 points) | 64.1% (±1.0 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.
How owner costs in Warren Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $790,300 (±$34,431) | $930,800 (±$34,744) | +17.8% | 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 Warren Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Warren Township | — | $4,000 or more | — |
| Millington | 2.8 mi | $4,000 or more | — |
| Green Brook Township | 2.8 mi | $3,359 (±$532) | — |
| Stirling | 3.5 mi | $3,906 (±$777) | — |
| Lyons | 3.5 mi | $4,000 or more | — |
| Long Hill Township | 3.6 mi | $3,849 (±$329) | — |
| Martinsville | 3.7 mi | $3,913 (±$218) | — |
| Bernards Township | 3.9 mi | $4,000 or more | — |
| Liberty Corner | 3.9 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 Somerset County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Bernards Township | $4,000 or more |
| 1 (tie) | Bernardsville Borough | $4,000 or more |
| 1 (tie) | Montgomery Township | $4,000 or more |
| 1 (tie) | Warren Township | $4,000 or more |
| 1 (tie) | Watchung Borough | $4,000 or more |
| 6 | Peapack and Gladstone Borough | $3,944 (±$299) |
| 7 | Far Hills Borough | $3,777 (±$259) |
| 8 | Branchburg Township | $3,399 (±$339) |
| 9 | Green Brook Township | $3,359 (±$532) |
| 10 | Bridgewater Township | $3,258 (±$139) |
Showing 10 of 21 places in Somerset 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 Warren Township
What is the average mortgage payment in Warren Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Warren Township, NJ is $4,000 or more a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Warren Township?
Owners without a mortgage in Warren Township pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Warren township, Somerset County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Warren township, Somerset County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Warren township, Somerset County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Warren township, Somerset County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Warren township, Somerset 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 Warren township, Somerset County, New Jersey (county subdivision:76940, in state:34 county:035).
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 Warren Township at a glance
- Median rent in Warren Township
- Rent by bedrooms in Warren Township
- Income and affordability in Warren Township
- Home values in Warren Township
- Property taxes in Warren Township
- Types of homes in Warren Township
- Bedrooms in Warren Township
- Age of homes in Warren Township
- Heating fuel in Warren Township
- Commute and cars in Warren Township
- Crime reported to police in Warren Township
- Population growth in Warren Township
- How long people stay in Warren Township
- Crowding and facilities in Warren Township
- New Jersey landlord and tenant rules
- Housing across Somerset County
- Housing data for every place in New Jersey