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Safe Rate LocalZIP Code 07754 index·Updated August 16, 2026

Mortgage Rates in ZIP Code 07754

6.883%Rate
6.919%APR
$2,755monthly mortgage payment
$0points (0 pts)
Loan Amount $419,095; and Downpayment $104,774
Local Fast Facts
ZIP 07754
Typical Home Value
$523,869
YoY Appreciation
+11.3%
Area Median Income
$82,188
Estimated Property Taxes
$6,470/yr
Est. Property Tax Rate
1.24%
Conforming Loan Limit (1-unit)
$806,501
FHA Loan Limit (1-unit)
$524,225
Jumbo Threshold (1-unit)
> $806,501
Average Loan to Value
74.4%

Select your Scenario

Selected
Traditional (20% Down)6.883% Rate

Dodge monthly mortgage insurance premiums (PMI) completely and secure the standard conventional baseline.

Payment$2,755/mo
Down Payment$104,774
Loan Amount$419,095
Lower Down Payment6.021% Rate

Explore programs requiring as little as 3% down conventional or 3.5% FHA, helping you buy sooner.

Payment$3,327/mo
Down Payment$18,335
Loan Amount$514,380
Select Scenario
Refinance6.838% Rate

Optimize your existing debt service, lower your interest rate, or secure cash-out equity restructure.

Payment$3,429/mo
Down Payment$0
Loan Amount$523,869
Select Scenario
Veteran6.015% Rate

Department of Veterans Affairs purchase loans offering 0% down payment and no monthly PMI for military.

Payment$3,214/mo
Down Payment$0
Loan Amount$535,132
Select Scenario
Faster Payoff5.967% Rate

Lock in lower interest rates with a 15-year fixed loan term to build massive equity quickly.

Payment$3,529/mo
Down Payment$104,774
Loan Amount$419,095
Select Scenario
Investor7.600% Rate

Finance non-owner occupied rental acquisitions or multi-unit house hacking with competitive investor pricing.

Payment$2,774/mo
Down Payment$130,967
Loan Amount$392,902
Select Scenario

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Current Local Mortgage Rates

Sorted by lowest conforming purchase rate

Updated: Daily
Conventional 30-Yr FixedConforming
6.883%APR 6.919%
Est. Payment$2,755/mo
Points0 pts
3-Yr Cost*$85,184
P&I $2,755 · MI $0
See details
FHA 30-Yr FixedConforming
6.021%APR 6.791%
Est. Payment$2,758/mo
Points0 pts
3-Yr Cost*$89,966
P&I $2,562 · MI $195
See details
VA 30-Yr Fixed Doesn't Apply

Requires veteran or military eligibility

Jumbo 30-Yr Fixed Doesn't Apply

Loan amount is under conforming limits

15-Year Conforming FixedConforming
5.967%APR 6.017%
Est. Payment$2,504/mo
Points0 pts
3-Yr Cost*$73,629
P&I $2,504 · MI $0
See details
Refinance 30-Yr FixedConforming
6.838%APR 6.874%
Est. Payment$2,743/mo
Points0 pts
3-Yr Cost*$84,613
P&I $2,743 · MI $0
See details
Investment Property FixedConforming
7.600%APR 7.641%
Est. Payment$2,959/mo
Points0 pts
3-Yr Cost*$94,246
P&I $2,959 · MI $0
See details
* 3-Yr Cost captures the true wholesale transaction friction: cumulative 36-month interest + upfront government fees + ongoing monthly PMI/MIP. Scenarios can be customized on any program page.

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Frequently Asked Questions

What are today's mortgage rates in 07754, , NJ across different loan programs?

Today's benchmark conventional 30-year fixed mortgage rate in 07754, , NJ is 6.883% (with an estimated monthly payment of $2,431). Active program rates also include FHA 30-year fixed loans at 6.021% and VA 0%-down fixed loans at 6.015%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.

What is the recent mortgage rate trend in 07754, , NJ?

Mortgage rates have shown typical daily fluctuations driven by inflation data and bond yields. Over the past 90 days, conventional 30-year fixed rates in 07754, , NJ have fluctuated between a low of 6.495% and a high of 6.962%. You can track these daily movements by using the 90-day rate history and trajectory chart featured on this page.

Is an FHA or Conventional loan more cost-effective in 07754, , NJ?

Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $523,869 in 07754, , NJ, a standard 20%-down Conventional loan requires an upfront cash down payment of $104,774 but keeps your monthly payment lower at $2,431/mo (at 6.883% interest) with no monthly PMI. In comparison, an FHA loan requires only $18,335 (3.5% down) but has an estimated payment of $2,727/mo (at 6.021% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $505,534 falls comfortably within the local HUD FHA loan limit of $524,225 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.

What is the maximum conforming loan limit in 07754 before needing a Jumbo loan?

The 2025 conforming conventional loan limit for a 1-unit property in 07754 is $806,501. With a typical local home value of $523,869 in , a standard 20%-down mortgage requires a loan size of $419,095. Because this is within the $806,501 conforming threshold, buyers can easily qualify for standard conforming conventional financing with competitive rates.

How does the median home value in 07754, , NJ impact estimated mortgage payments?

The median home value in 07754, , NJ is estimated at $523,869. Buying a typical home here with a standard 20% down payment ($104,774) translates to an estimated starting monthly mortgage payment of $2,431 (principal and interest). Compared to the local area median household income of $82,188 ($6,849/mo), this basic housing payment represents approximately 35.5% of gross monthly household income. This housing cost is well within standard lender affordability guidelines (under the 36% DTI benchmark), demonstrating healthy local purchasing power.