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Buying a home in Haddon Heights, New Jersey

The typical owner-occupied home in Haddon Heights is worth about $387,300, 15% below the New Jersey median of $454,400 and 16% above the national median of $332,700. Owners pay a median $9,834 a year in property taxes, about 2.54% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $133,125 a year, so the median home costs 2.9 times the median income (4.4 times for New Jersey). 78% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.

Haddon Heights at a glance

Haddon Heights New Jersey U.S.
Median home value $387,300 $454,400 $332,700
Median property tax paid per year $9,834 $9,590 $3,119
Property tax as a share of value 2.54% 2.11% 0.94%
Median household income $133,125 $103,556 $80,734
Homes lived in by their owners 78% 64% 65%
Owner homes with a mortgage 65% 64% 61%
Median monthly costs, owners with a mortgage $2,644 $2,829 $1,963
Those costs as a share of the owners' income 18.3% 22.9% 21.0%
Median rent $1,166 $1,720 $1,413
Rent as a share of renters' income 27.6% 30.9% 30.6%
Median year homes were built 1947 1970 1980
Vacant homes 3.6% 7.5% 10.1%
Population 7,516 9,343,809 334,922,499

What a typical home costs per month in Haddon Heights

At this week's average 30-year rate of 7.11%, buying the median Haddon Heights home of $387,300 with 20% down costs about $3,065 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,711, 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 $131,377 for the 20%-down payment. That payment is 28% of the median Haddon Heights household income of $133,125; at that income and 20% down, the 28% guideline points to a home of about $392,000.

The median rent here is $1,166 a month, so owning the median home costs about $1,899 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$77,460
Loan amount$309,840
Principal and interest$2,084
Property taxes (2.54% a year)$820
Homeowners insurance (our estimate, 0.5% a year)$161
PMI$0
Total per month$3,065

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3.5% down, 30-year FHA loan
Down payment$13,556
Loan amount$380,285
Principal and interest$2,558
Property taxes (2.54% a year)$820
Homeowners insurance (our estimate, 0.5% a year)$161
FHA mortgage insurance$171
Total per month$3,711

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Questions about home buying in Haddon Heights

What is the median home value in Haddon Heights?

About $387,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Haddon Heights?

Homeowners pay a median $9,834 a year, which is about 2.54% 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 Haddon Heights?

For the median home with 20% down at 7.11%, the payment is about $3,065 a month. Keeping that under 28% of gross income takes about $131,377 a year.

More about Haddon 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