New Jersey’s Home Values and Mortgage Balances Over 5 Years

Avg home value in 2025: ~$484K
Change: ↑ 38% from ~$351K in 2020
Avg mortgage balance in 2025: ~$290K
Change: ↑ 19% from ~$244K in 2020
US national 5-yr growth:
• Home value: ↑ 40%
• Mortgage balance: ↑ 24%

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