The typical owner-occupied home in Marlboro is worth about $225,000, 50% below the New Jersey median of $454,400 and 32% below the national median of $332,700. Owners pay a median $5,536 a year in property taxes, about 2.46% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $106,750 a year, so the median home costs 2.1 times the median income (4.4 times for New Jersey). 94% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Marlboro at a glance
| Marlboro | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $225,000 | $454,400 | $332,700 |
| Median property tax paid per year | $5,536 | $9,590 | $3,119 |
| Property tax as a share of value | 2.46% | 2.11% | 0.94% |
| Median household income | $106,750 | $103,556 | $80,734 |
| Homes lived in by their owners | 94% | 64% | 65% |
| Owner homes with a mortgage | 42% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,150 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1953 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 76 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Marlboro
At this week's average 30-year rate of 7.11%, buying the median Marlboro home of $225,000 with 20% down costs about $1,766 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,141, 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 $75,680 for the 20%-down payment. That payment is 20% of the median Marlboro household income of $106,750; at that income and 20% down, the 28% guideline points to a home of about $317,000.
| Down payment | $45,000 |
|---|---|
| Loan amount | $180,000 |
| Principal and interest | $1,211 |
| Property taxes (2.46% a year) | $461 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| PMI | $0 |
| Total per month | $1,766 |
Change the numbers in the calculator
| Down payment | $7,875 |
|---|---|
| Loan amount | $220,925 |
| Principal and interest | $1,486 |
| Property taxes (2.46% a year) | $461 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| FHA mortgage insurance | $100 |
| Total per month | $2,141 |
Change the numbers in the calculator
Questions about home buying in Marlboro
What is the median home value in Marlboro?
About $225,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marlboro?
Homeowners pay a median $5,536 a year, which is about 2.46% 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 Marlboro?
For the median home with 20% down at 7.11%, the payment is about $1,766 a month. Keeping that under 28% of gross income takes about $75,680 a year.
More about Marlboro
- Mortgage Refinance in Marlboro
- Debt Relief in Marlboro
- Home Equity Loans in Marlboro
- 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