Mortgage Trends in New Jersey
Popular Property Types
Single-Family Homes
*Single-Family Homes make up 83.1% of purchased or refinanced homes
Condominiums
*Condominiums make up 14.2% of purchased or refinanced homes
PUD Homes
*PUD or Planned Unit Development homes make up 1.3% of purchased or refinanced homes
Townhomes
*Townhomes make up 1.4% of purchased or refinanced homes
Average Property Value
Average Annual Property Taxes
Average Mortgage Balance
Data source: CoreLogic
Popular Mortgage and Refinance Types
194416.75
8132.3
192681.07
249961.42
1735.68
[[["30-Year FRM - 64.81% ", 405403],["15-Year FRM - 18.41% ", 115163],["ARM Other - 6.24% ", 39017],["20-Year FRM - 5.51% ", 34486],["10-Year FRM - 2.59% ", 16200],["ARM 5/1 - 1.4% ", 8768],["ARM 7/1 - 0.62% ", 3908],["ARM 10/1 - 0.23% ", 1427],["ARM 3/1 - 0.16% ", 993],["ARM 2/1 - 0.02% ", 119]]]
30-Year FRM - 64.81%15-Year FRM - 18.41%ARM Other - 6.24%20-Year FRM - 5.51%10-Year FRM - 2.59%ARM 5/1 - 1.4%ARM 7/1 - 0.62%ARM 10/1 - 0.23%ARM 3/1 - 0.16%ARM 2/1 - 0.02%#3B6796,#89AACF,#2F82B9,#294869,#4C9B9F,#70AFB2,#94C3C5,#979BCC,#717499,#5159AA
103514.62
7180.72
151800.94
197990.17
-48286.32
[[["30-Year FRM - 74.08% ", 7917],["15-Year FRM - 13.55% ", 1448],["ARM Other - 5.97% ", 638],["20-Year FRM - 4.27% ", 456],["10-Year FRM - 2.1% ", 224],["ARM 7/1 - 0.02% ", 2],["ARM 3/1 - 0.01% ", 1],["ARM 10/1 - 0.01% ", 1]]]
30-Year FRM - 74.08%15-Year FRM - 13.55%ARM Other - 5.97%20-Year FRM - 4.27%10-Year FRM - 2.1%ARM 7/1 - 0.02%ARM 3/1 - 0.01%ARM 10/1 - 0.01%#3B6796,#89AACF,#2F82B9,#294869,#4C9B9F,#70AFB2,#94C3C5,#979BCC
152975.37
7570.55
158086.06
211343.07
-5110.69
[[["30-Year FRM - 67.22% ", 71911],["15-Year FRM - 15.13% ", 16184],["ARM Other - 8.23% ", 8807],["20-Year FRM - 4.05% ", 4330],["ARM 5/1 - 2.22% ", 2377],["10-Year FRM - 1.5% ", 1608],["ARM 7/1 - 1.12% ", 1201],["ARM 10/1 - 0.28% ", 297],["ARM 3/1 - 0.23% ", 242],["ARM 2/1 - 0.01% ", 16]]]
30-Year FRM - 67.22%15-Year FRM - 15.13%ARM Other - 8.23%20-Year FRM - 4.05%ARM 5/1 - 2.22%10-Year FRM - 1.5%ARM 7/1 - 1.12%ARM 10/1 - 0.28%ARM 3/1 - 0.23%ARM 2/1 - 0.01%#3B6796,#89AACF,#2F82B9,#294869,#4C9B9F,#70AFB2,#94C3C5,#979BCC,#717499,#5159AA
142212.59
7488.65
203320.7
236124.34
-61108.11
[[["30-Year FRM - 66.36% ", 6398],["15-Year FRM - 16.18% ", 1560],["20-Year FRM - 5.47% ", 527],["ARM Other - 4.55% ", 439],["10-Year FRM - 3.51% ", 338],["ARM 5/1 - 1.78% ", 172],["ARM 7/1 - 1.43% ", 138],["ARM 10/1 - 0.46% ", 44],["ARM 3/1 - 0.26% ", 25],["ARM 2/1 - 0.01% ", 1]]]
30-Year FRM - 66.36%15-Year FRM - 16.18%20-Year FRM - 5.47%ARM Other - 4.55%10-Year FRM - 3.51%ARM 5/1 - 1.78%ARM 7/1 - 1.43%ARM 10/1 - 0.46%ARM 3/1 - 0.26%ARM 2/1 - 0.01%#3B6796,#89AACF,#2F82B9,#294869,#4C9B9F,#70AFB2,#94C3C5,#979BCC,#717499,#5159AA
