The typical owner-occupied home in Harrington Park is worth about $776,900, 71% above the New Jersey median of $454,400 and 2.3 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.29% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $180,500 a year, so the median home costs 4.3 times the median income (4.4 times for New Jersey). 92% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Harrington Park at a glance
| Harrington Park | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $776,900 | $454,400 | $332,700 |
| Median property tax paid per year | $10,001 | $9,590 | $3,119 |
| Property tax as a share of value | 1.29% | 2.11% | 0.94% |
| Median household income | $180,500 | $103,556 | $80,734 |
| Homes lived in by their owners | 92% | 64% | 65% |
| Owner homes with a mortgage | 59% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 26.4% | 22.9% | 21.0% |
| Median rent | $1,414 | $1,720 | $1,413 |
| Rent as a share of renters' income | 33.0% | 30.9% | 30.6% |
| Median year homes were built | 1962 | 1970 | 1980 |
| Vacant homes | 2.8% | 7.5% | 10.1% |
| Population | 4,954 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Harrington Park
At this week's average 30-year rate of 7.11%, buying the median Harrington Park home of $776,900 with 20% down costs about $5,340 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,759, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $228,852 for the 20%-down payment. That payment is 36% of the median Harrington Park household income of $180,500; at that income and 20% down, the 28% guideline points to a home of about $613,000.
The median rent here is $1,414 a month, so owning the median home costs about $3,926 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $155,380 |
|---|---|
| Loan amount | $621,520 |
| Principal and interest | $4,181 |
| Property taxes (1.29% a year) | $835 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| PMI | $0 |
| Total per month | $5,340 |
Change the numbers in the calculator
| Down payment | $27,192 |
|---|---|
| Loan amount | $762,828 |
| Principal and interest | $5,132 |
| Property taxes (1.29% a year) | $835 |
| Homeowners insurance (our estimate, 0.5% a year) | $324 |
| FHA mortgage insurance | $469 |
| Total per month | $6,759 |
Change the numbers in the calculator
Questions about home buying in Harrington Park
What is the median home value in Harrington Park?
About $776,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harrington Park?
Homeowners pay a median $10,001 a year, which is about 1.29% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Harrington Park?
For the median home with 20% down at 7.11%, the payment is about $5,340 a month. Keeping that under 28% of gross income takes about $228,852 a year.
More about Harrington Park
- Mortgage Refinance in Harrington Park
- Debt Relief in Harrington Park
- Home Equity Loans in Harrington Park
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data
