The typical owner-occupied home in National Park is worth about $219,500, 52% below the New Jersey median of $454,400 and 34% below the national median of $332,700. Owners pay a median $6,724 a year in property taxes, about 3.06% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $82,838 a year, so the median home costs 2.6 times the median income (4.4 times for New Jersey). 86% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
National Park at a glance
| National Park | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $219,500 | $454,400 | $332,700 |
| Median property tax paid per year | $6,724 | $9,590 | $3,119 |
| Property tax as a share of value | 3.06% | 2.11% | 0.94% |
| Median household income | $82,838 | $103,556 | $80,734 |
| Homes lived in by their owners | 86% | 64% | 65% |
| Owner homes with a mortgage | 71% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,995 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 23.2% | 22.9% | 21.0% |
| Median rent | $1,355 | $1,720 | $1,413 |
| Rent as a share of renters' income | 51.0% | 30.9% | 30.6% |
| Median year homes were built | 1953 | 1970 | 1980 |
| Vacant homes | 2.9% | 7.5% | 10.1% |
| Population | 3,044 | 9,343,809 | 334,922,499 |
What a typical home costs per month in National Park
At this week's average 30-year rate of 7.11%, buying the median National Park home of $219,500 with 20% down costs about $1,832 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,198, 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 $78,534 for the 20%-down payment. That payment is 27% of the median National Park household income of $82,838; at that income and 20% down, the 28% guideline points to a home of about $232,000.
The median rent here is $1,355 a month, so owning the median home costs about $477 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $43,900 |
|---|---|
| Loan amount | $175,600 |
| Principal and interest | $1,181 |
| Property taxes (3.06% a year) | $560 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| PMI | $0 |
| Total per month | $1,832 |
Change the numbers in the calculator
| Down payment | $7,682 |
|---|---|
| Loan amount | $215,524 |
| Principal and interest | $1,450 |
| Property taxes (3.06% a year) | $560 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| FHA mortgage insurance | $97 |
| Total per month | $2,198 |
Change the numbers in the calculator
Questions about home buying in National Park
What is the median home value in National Park?
About $219,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in National Park?
Homeowners pay a median $6,724 a year, which is about 3.06% 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 National Park?
For the median home with 20% down at 7.11%, the payment is about $1,832 a month. Keeping that under 28% of gross income takes about $78,534 a year.
More about National Park
- Mortgage Refinance in National Park
- Debt Relief in National Park
- Home Equity Loans in National Park
- 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