The typical owner-occupied home in West Berlin is worth about $236,800, 48% below the New Jersey median of $454,400 and 29% below the national median of $332,700. Owners pay a median $6,284 a year in property taxes, about 2.65% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $99,674 a year, so the median home costs 2.4 times the median income (4.4 times for New Jersey). 79% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
West Berlin at a glance
| West Berlin | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $236,800 | $454,400 | $332,700 |
| Median property tax paid per year | $6,284 | $9,590 | $3,119 |
| Property tax as a share of value | 2.65% | 2.11% | 0.94% |
| Median household income | $99,674 | $103,556 | $80,734 |
| Homes lived in by their owners | 79% | 64% | 65% |
| Owner homes with a mortgage | 54% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,884 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 25.4% | 22.9% | 21.0% |
| Median rent | $1,384 | $1,720 | $1,413 |
| Rent as a share of renters' income | 40.5% | 30.9% | 30.6% |
| Median year homes were built | 1962 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 2,285 | 9,343,809 | 334,922,499 |
What a typical home costs per month in West Berlin
At this week's average 30-year rate of 7.11%, buying the median West Berlin home of $236,800 with 20% down costs about $1,896 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,290, 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 $81,256 for the 20%-down payment. That payment is 23% of the median West Berlin household income of $99,674; at that income and 20% down, the 28% guideline points to a home of about $290,000.
The median rent here is $1,384 a month, so owning the median home costs about $512 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $47,360 |
|---|---|
| Loan amount | $189,440 |
| Principal and interest | $1,274 |
| Property taxes (2.65% a year) | $523 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| PMI | $0 |
| Total per month | $1,896 |
Change the numbers in the calculator
| Down payment | $8,288 |
|---|---|
| Loan amount | $232,511 |
| Principal and interest | $1,564 |
| Property taxes (2.65% a year) | $523 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| FHA mortgage insurance | $105 |
| Total per month | $2,290 |
Change the numbers in the calculator
Questions about home buying in West Berlin
What is the median home value in West Berlin?
About $236,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Berlin?
Homeowners pay a median $6,284 a year, which is about 2.65% 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 West Berlin?
For the median home with 20% down at 7.11%, the payment is about $1,896 a month. Keeping that under 28% of gross income takes about $81,256 a year.
More about West Berlin
- Mortgage Refinance in West Berlin
- Debt Relief in West Berlin
- Home Equity Loans in West Berlin
- 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