Mortgage Rates in New Jersey — April 2026
Compare current mortgage rates across 118 cities in New Jersey. The average 30-year fixed rate is 6.74%, which is 0.65% above the national average of 6.09%.
New Jersey Housing Highlights
All 118 Cities in New Jersey
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Newark | 6.7% | $365,000 | $1,884 | 311,549 |
| Jersey City | 6.7% | $565,000 | $2,917 | 292,449 |
| Paterson | 6.7% | $385,000 | $1,987 | 159,732 |
| Elizabeth | 6.7% | $395,000 | $2,039 | 137,298 |
| Edison | 6.7% | $485,000 | $2,504 | 107,588 |
| Lakewood | 6.67% | $504,000 | $2,594 | 106,300 |
| Woodbridge | 6.7% | $415,000 | $2,142 | 103,639 |
| Toms River | 6.61% | $497,000 | $2,542 | 95,438 |
| Trenton | 6.7% | $175,000 | $903 | 90,871 |
| Clifton | 6.9% | $413,000 | $2,176 | 89,266 |
| Hamilton Township | 6.64% | $468,000 | $2,401 | 88,464 |
| Brick Township | 6.84% | $421,000 | $2,205 | 77,046 |
| Cherry Hill | 6.89% | $429,000 | $2,258 | 74,553 |
| Camden | 6.7% | $451,000 | $2,328 | 73,562 |
| Passaic | 6.64% | $440,000 | $2,257 | 72,427 |
| Bayonne | 6.66% | $411,000 | $2,113 | 71,852 |
| Union City | 6.84% | $455,000 | $2,383 | 69,781 |
| Franklin Township | 6.72% | $454,000 | $2,348 | 67,698 |
| Old Bridge | 6.78% | $471,000 | $2,451 | 67,555 |
| Middletown | 6.64% | $515,000 | $2,642 | 65,834 |
| Gloucester Township | 6.6% | $500,000 | $2,555 | 64,581 |
| East Orange | 6.86% | $440,000 | $2,309 | 64,270 |
| North Bergen | 6.89% | $425,000 | $2,237 | 63,484 |
| Vineland | 6.67% | $413,000 | $2,125 | 60,724 |
| Hoboken | 6.71% | $492,000 | $2,542 | 60,419 |
| Irvington | 6.84% | $431,000 | $2,257 | 60,190 |
| Union Township | 6.83% | $451,000 | $2,359 | 59,387 |
| Piscataway | 6.75% | $470,000 | $2,439 | 58,501 |
| Jackson Township | 6.61% | $442,000 | $2,261 | 58,005 |
| New Brunswick | 6.67% | $512,000 | $2,635 | 56,100 |
| Parsippany-Troy Hills | 6.86% | $414,000 | $2,172 | 56,000 |
| Perth Amboy | 6.88% | $449,000 | $2,361 | 55,049 |
| Wayne | 6.87% | $437,000 | $2,295 | 54,838 |
| Plainfield | 6.86% | $512,000 | $2,687 | 54,586 |
| Howell | 6.83% | $483,000 | $2,527 | 54,186 |
| West New York | 6.65% | $496,000 | $2,547 | 53,753 |
| Bloomfield | 6.61% | $382,000 | $1,954 | 49,733 |
| Glassboro | 6.66% | $450,000 | $2,313 | 49,539 |
| Cedar Grove | 6.82% | $555,000 | $2,900 | 49,493 |
| Ramsey | 6.66% | $430,000 | $2,211 | 49,318 |
| Egg Harbor City | 6.79% | $460,000 | $2,397 | 49,312 |
| East Brunswick | 6.81% | $479,000 | $2,501 | 49,122 |
| Monroe Township | 6.64% | $458,000 | $2,350 | 48,594 |
| West Orange | 6.61% | $442,000 | $2,261 | 48,093 |
| Evesham | 6.8% | $392,000 | $2,044 | 46,647 |
| Sayreville | 6.73% | $469,000 | $2,429 | 45,842 |
| Hackensack | 6.84% | $395,000 | $2,069 | 45,165 |
| Bridgewater | 6.62% | $389,000 | $1,992 | 44,943 |
| Egg Harbor Township | 6.66% | $427,000 | $2,195 | 44,074 |
| North Brunswick | 6.8% | $423,000 | $2,206 | 43,505 |
| Linden | 6.74% | $415,000 | $2,151 | 43,424 |
| Kearny | 6.86% | $450,000 | $2,361 | 42,670 |
| Mount Laurel | 6.63% | $397,000 | $2,035 | 41,864 |
| Berkeley Township | 6.7% | $464,000 | $2,395 | 41,255 |
| Hillsborough | 6.71% | $422,000 | $2,181 | 40,903 |
| Marlboro | 6.74% | $387,000 | $2,006 | 40,466 |
| Montclair | 6.61% | $394,000 | $2,015 | 40,379 |
| Teaneck | 6.85% | $432,000 | $2,265 | 40,356 |
| Manalapan | 6.69% | $424,000 | $2,187 | 40,203 |
| Fort Lee | 6.61% | $403,000 | $2,061 | 39,699 |
| Atlantic City | 6.59% | $215,000 | $1,097 | 38,497 |
| Midland Park | 6.77% | $545,000 | $2,834 | 37,016 |
| Belleville | 6.72% | $467,000 | $2,416 | 36,878 |
| Ewing | 6.84% | $466,000 | $2,440 | 36,543 |
| Voorhees | 6.81% | $530,000 | $2,767 | 34,948 |
| Fair Lawn | 6.65% | $401,000 | $2,059 | 33,710 |
| Garfield | 6.88% | $416,000 | $2,187 | 32,318 |
| East Windsor | 6.84% | $401,000 | $2,100 | 32,312 |
| Willingboro | 6.66% | $440,000 | $2,262 | 31,889 |
| Princeton | 6.71% | $404,000 | $2,088 | 31,822 |
| Long Branch | 6.79% | $398,000 | $2,074 | 30,719 |
| Orange | 6.85% | $462,000 | $2,422 | 30,551 |
| Westfield | 6.81% | $430,000 | $2,245 | 30,065 |
| Rahway | 6.85% | $438,000 | $2,296 | 29,693 |
| Nutley | 6.81% | $447,000 | $2,334 | 28,904 |
| Millville | 6.31% | $195,000 | $966 | 28,400 |
| Englewood | 6.72% | $406,000 | $2,100 | 28,390 |
| Neptune | 6.74% | $446,000 | $2,312 | 27,935 |
| Bergenfield | 6.87% | $416,000 | $2,185 | 27,852 |
| Ship Bottom | 6.82% | $505,000 | $2,639 | 27,284 |
| Ridgewood | 6.78% | $423,000 | $2,202 | 25,355 |
| Margate City | 6.86% | $490,000 | $2,571 | 25,303 |
| Maplewood | 6.72% | $462,000 | $2,390 | 25,062 |
| Lodi | 6.69% | $400,000 | $2,063 | 24,842 |
| Hightstown | 6.67% | $260,000 | $1,338 | 24,833 |
| Bridgeton | 6.25% | $135,000 | $665 | 24,706 |
| Cranford | 6.65% | $378,000 | $1,941 | 24,387 |
| Barnegat | 6.84% | $384,000 | $2,011 | 24,280 |
| Audubon | 6.69% | $575,000 | $2,965 | 23,284 |
| East Hanover | 6.85% | $415,000 | $2,175 | 23,100 |
| Monmouth Beach | 6.62% | $320,000 | $1,638 | 22,838 |
| Watchung | 6.88% | $565,000 | $2,971 | 22,434 |
| Burlington | 6.79% | $443,000 | $2,308 | 22,247 |
| North Plainfield | 6.8% | $448,000 | $2,336 | 22,188 |
| Summit | 6.66% | $434,000 | $2,231 | 22,060 |
| South Amboy | 6.76% | $355,000 | $1,844 | 21,913 |
| Springfield | 6.81% | $350,000 | $1,827 | 21,429 |
| Saddle Brook | 6.74% | $460,000 | $2,384 | 21,293 |
| Elmwood Park | 6.63% | $444,000 | $2,276 | 20,775 |
| Ocean Township | 6.83% | $440,000 | $2,302 | 20,639 |
| Harvey Cedars | 6.8% | $630,000 | $3,286 | 20,450 |
| Woodland Park | 6.74% | $560,000 | $2,903 | 20,293 |
| Morristown | 6.46% | $525,000 | $2,644 | 19,438 |
| Park Ridge | 6.78% | $425,000 | $2,212 | 18,994 |
| Runnemede | 6.81% | $420,000 | $2,193 | 18,499 |
| Aberdeen | 6.85% | $398,000 | $2,086 | 18,355 |
| Boonton | 6.64% | $390,000 | $2,001 | 18,282 |
| Dumont | 6.77% | $376,000 | $1,955 | 18,030 |
| Clark | 6.74% | $397,000 | $2,058 | 16,175 |
| Asbury Park | 6.79% | $430,000 | $2,240 | 15,511 |
| Collingswood | 6.83% | $413,000 | $2,161 | 14,055 |
| Pennsville | 6.82% | $369,000 | $1,928 | 13,409 |
| Somerville | 6.64% | $395,000 | $2,026 | 12,418 |
| Red Bank | 6.87% | $401,000 | $2,106 | 12,206 |
| Gloucester City | 6.82% | $368,000 | $1,923 | 11,456 |
| Haddonfield | 6.68% | $448,000 | $2,308 | 11,275 |
| Hackettstown | 6.66% | $433,000 | $2,226 | 10,064 |
| Mount Holly | 6.81% | $358,000 | $1,869 | 9,536 |
New Jersey Mortgage Rates Guide — 2026
New Jersey homebuyers currently see an average 30-year fixed mortgage rate of 6.74%, with median home prices around $430,212. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $2,231.
The most affordable city for homebuyers in New Jersey is Bridgeton, where the median home price is $135,000. On the other end, Harvey Cedars has the highest prices at $630,000. Property tax rates across the state average 2.26%.
To comfortably afford a home at the state average price, a household income of approximately $95,614 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — New Jersey Mortgages
What are current mortgage rates in New Jersey?
As of April 2026, the average 30-year fixed mortgage rate in New Jersey is 6.74% and the 15-year fixed rate averages 5.98%. Rates vary by city, lender, and borrower qualification.
What is the average home price in New Jersey?
The median home price across 118 cities in New Jersey is $430,212. Prices range from $135,000 in Bridgeton to $630,000 in Harvey Cedars.
How much income do I need to buy a house in New Jersey?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $95,614 to comfortably afford the average home in New Jersey. The median household income in the state is approximately $79,496.
New Jersey Mortgage Rates by ZIP Code
Explore mortgage rates for specific ZIP codes in New Jersey. Rates can vary by neighborhood based on local property values and lending conditions.
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