The typical owner-occupied home in Fortescue is worth about $167,900, 63% below the New Jersey median of $454,400 and 50% below the national median of $332,700. 76% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Fortescue at a glance
| Fortescue | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $167,900 | $454,400 | $332,700 |
| Median property tax paid per year | – | $9,590 | $3,119 |
| Median household income | – | $103,556 | $80,734 |
| Homes lived in by their owners | 76% | 64% | 65% |
| Owner homes with a mortgage | 31% | 64% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,829 | $1,963 |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1967 | 1970 | 1980 |
| Vacant homes | 72.7% | 7.5% | 10.1% |
| Population | 120 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Fortescue
At this week's average 30-year rate of 7.11%, buying the median Fortescue home of $167,900 with 20% down costs about $1,127 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,407, 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 $48,319 for the 20%-down payment.
| Down payment | $33,580 |
|---|---|
| Loan amount | $134,320 |
| Principal and interest | $904 |
| Property taxes (1.10% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,127 |
Change the numbers in the calculator
| Down payment | $5,876 |
|---|---|
| Loan amount | $164,859 |
| Principal and interest | $1,109 |
| Property taxes (1.10% a year) | $154 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,407 |
Change the numbers in the calculator
Questions about home buying in Fortescue
What is the median home value in Fortescue?
About $167,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Fortescue?
For the median home with 20% down at 7.11%, the payment is about $1,127 a month. Keeping that under 28% of gross income takes about $48,319 a year.
More about Fortescue
- Mortgage Refinance in Fortescue
- Debt Relief in Fortescue
- Home Equity Loans in Fortescue
- 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