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Buying a home in Hasbrouck Heights, New Jersey

The typical owner-occupied home in Hasbrouck Heights is worth about $552,900, 22% above the New Jersey median of $454,400 and 66% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.81% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $123,734 a year, so the median home costs 4.5 times the median income (4.4 times for New Jersey). 68% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.

Hasbrouck Heights at a glance

Hasbrouck Heights New Jersey U.S.
Median home value $552,900 $454,400 $332,700
Median property tax paid per year $10,001 $9,590 $3,119
Property tax as a share of value 1.81% 2.11% 0.94%
Median household income $123,734 $103,556 $80,734
Homes lived in by their owners 68% 64% 65%
Owner homes with a mortgage 67% 64% 61%
Median monthly costs, owners with a mortgage $3,273 $2,829 $1,963
Those costs as a share of the owners' income 24.0% 22.9% 21.0%
Median rent $1,700 $1,720 $1,413
Rent as a share of renters' income 37.3% 30.9% 30.6%
Median year homes were built 1955 1970 1980
Vacant homes 2.7% 7.5% 10.1%
Population 12,115 9,343,809 334,922,499

What a typical home costs per month in Hasbrouck Heights

At this week's average 30-year rate of 7.11%, buying the median Hasbrouck Heights home of $552,900 with 20% down costs about $4,040 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,961, 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 $173,136 for the 20%-down payment. That payment is 39% of the median Hasbrouck Heights household income of $123,734; at that income and 20% down, the 28% guideline points to a home of about $395,000.

The median rent here is $1,700 a month, so owning the median home costs about $2,340 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$110,580
Loan amount$442,320
Principal and interest$2,976
Property taxes (1.81% a year)$834
Homeowners insurance (our estimate, 0.5% a year)$230
PMI$0
Total per month$4,040

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3.5% down, 30-year FHA loan
Down payment$19,352
Loan amount$542,886
Principal and interest$3,652
Property taxes (1.81% a year)$834
Homeowners insurance (our estimate, 0.5% a year)$230
FHA mortgage insurance$245
Total per month$4,961

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Questions about home buying in Hasbrouck Heights

What is the median home value in Hasbrouck Heights?

About $552,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hasbrouck Heights?

Homeowners pay a median $10,001 a year, which is about 1.81% 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 Hasbrouck Heights?

For the median home with 20% down at 7.11%, the payment is about $4,040 a month. Keeping that under 28% of gross income takes about $173,136 a year.

More about Hasbrouck Heights

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