The typical owner-occupied home in Oldwick is worth about $824,400, 81% above the New Jersey median of $454,400 and 2.5 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.21% of their home's value, lower than the New Jersey rate of 2.11%. 100% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Oldwick at a glance
| Oldwick | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $824,400 | $454,400 | $332,700 |
| Median property tax paid per year | $10,001 | $9,590 | $3,119 |
| Property tax as a share of value | 1.21% | 2.11% | 0.94% |
| Median household income | – | $103,556 | $80,734 |
| Homes lived in by their owners | 100% | 64% | 65% |
| Owner homes with a mortgage | 60% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $3,756 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 30.3% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 2000 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 462 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Oldwick
At this week's average 30-year rate of 7.11%, buying the median Oldwick home of $824,400 with 20% down costs about $5,611 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,117, 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 $240,489 for the 20%-down payment.
| Down payment | $164,880 |
|---|---|
| Loan amount | $659,520 |
| Principal and interest | $4,437 |
| Property taxes (1.21% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $344 |
| PMI | $0 |
| Total per month | $5,611 |
Change the numbers in the calculator
| Down payment | $28,854 |
|---|---|
| Loan amount | $809,468 |
| Principal and interest | $5,445 |
| Property taxes (1.21% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $344 |
| FHA mortgage insurance | $497 |
| Total per month | $7,117 |
Change the numbers in the calculator
Questions about home buying in Oldwick
What is the median home value in Oldwick?
About $824,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oldwick?
Homeowners pay a median $10,001 a year, which is about 1.21% 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 Oldwick?
For the median home with 20% down at 7.11%, the payment is about $5,611 a month. Keeping that under 28% of gross income takes about $240,489 a year.
More about Oldwick
- Mortgage Refinance in Oldwick
- Debt Relief in Oldwick
- Home Equity Loans in Oldwick
- 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