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Buying a home in Lawnside, New Jersey

The typical owner-occupied home in Lawnside is worth about $240,700, 47% below the New Jersey median of $454,400 and 28% below the national median of $332,700. Owners pay a median $6,651 a year in property taxes, about 2.76% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $71,607 a year, so the median home costs 3.4 times the median income (4.4 times for New Jersey). 65% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.

Lawnside at a glance

Lawnside New Jersey U.S.
Median home value $240,700 $454,400 $332,700
Median property tax paid per year $6,651 $9,590 $3,119
Property tax as a share of value 2.76% 2.11% 0.94%
Median household income $71,607 $103,556 $80,734
Homes lived in by their owners 65% 64% 65%
Owner homes with a mortgage 52% 64% 61%
Median monthly costs, owners with a mortgage $2,082 $2,829 $1,963
Those costs as a share of the owners' income 23.2% 22.9% 21.0%
Median rent $1,073 $1,720 $1,413
Rent as a share of renters' income 28.8% 30.9% 30.6%
Median year homes were built 1965 1970 1980
Vacant homes 9.9% 7.5% 10.1%
Population 3,200 9,343,809 334,922,499

What a typical home costs per month in Lawnside

At this week's average 30-year rate of 7.11%, buying the median Lawnside home of $240,700 with 20% down costs about $1,949 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,350, 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 $83,540 for the 20%-down payment. That payment is 33% of the median Lawnside household income of $71,607; at that income and 20% down, the 28% guideline points to a home of about $206,000.

The median rent here is $1,073 a month, so owning the median home costs about $876 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$48,140
Loan amount$192,560
Principal and interest$1,295
Property taxes (2.76% a year)$554
Homeowners insurance (our estimate, 0.5% a year)$100
PMI$0
Total per month$1,949

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3.5% down, 30-year FHA loan
Down payment$8,424
Loan amount$236,340
Principal and interest$1,590
Property taxes (2.76% a year)$554
Homeowners insurance (our estimate, 0.5% a year)$100
FHA mortgage insurance$106
Total per month$2,350

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Questions about home buying in Lawnside

What is the median home value in Lawnside?

About $240,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Lawnside?

Homeowners pay a median $6,651 a year, which is about 2.76% 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 Lawnside?

For the median home with 20% down at 7.11%, the payment is about $1,949 a month. Keeping that under 28% of gross income takes about $83,540 a year.

More about Lawnside

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