The typical owner-occupied home in Keasbey is worth about $278,800, 39% below the New Jersey median of $454,400 and 16% below the national median of $332,700. Owners pay a median $9,386 a year in property taxes, about 3.37% of their home's value, higher than the New Jersey rate of 2.11%. 20% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.
Keasbey at a glance
| Keasbey | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $278,800 | $454,400 | $332,700 |
| Median property tax paid per year | $9,386 | $9,590 | $3,119 |
| Property tax as a share of value | 3.37% | 2.11% | 0.94% |
| Median household income | – | $103,556 | $80,734 |
| Homes lived in by their owners | 20% | 64% | 65% |
| Owner homes with a mortgage | 77% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,700 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 47.0% | 22.9% | 21.0% |
| Median rent | $1,685 | $1,720 | $1,413 |
| Rent as a share of renters' income | 44.4% | 30.9% | 30.6% |
| Median year homes were built | 1977 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 2,252 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Keasbey
At this week's average 30-year rate of 7.11%, buying the median Keasbey home of $278,800 with 20% down costs about $2,400 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,864, 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 $102,837 for the 20%-down payment.
The median rent here is $1,685 a month, so owning the median home costs about $715 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $55,760 |
|---|---|
| Loan amount | $223,040 |
| Principal and interest | $1,500 |
| Property taxes (3.37% a year) | $783 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| PMI | $0 |
| Total per month | $2,400 |
Change the numbers in the calculator
| Down payment | $9,758 |
|---|---|
| Loan amount | $273,750 |
| Principal and interest | $1,842 |
| Property taxes (3.37% a year) | $783 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| FHA mortgage insurance | $123 |
| Total per month | $2,864 |
Change the numbers in the calculator
Questions about home buying in Keasbey
What is the median home value in Keasbey?
About $278,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Keasbey?
Homeowners pay a median $9,386 a year, which is about 3.37% 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 Keasbey?
For the median home with 20% down at 7.11%, the payment is about $2,400 a month. Keeping that under 28% of gross income takes about $102,837 a year.
More about Keasbey
- Mortgage Refinance in Keasbey
- Debt Relief in Keasbey
- Home Equity Loans in Keasbey
- 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