Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Marksboro

Learn about the people, housing, costs and businesses in Marksboro, New Jersey

Median Home$439,500
Median Rent$1,776/month
Population175
Leading IndustriesArts, Food & Hospitality · Healthcare · Wholesale Trade11% arts, food & hospitality
Home Value Growth⬆⬆⬆+28.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners91% of occupied units
NotableHighly Educated33% hold a bachelor's degree · top 5% nationally
NotableHigh Incomes$123k/year · top 8% nationally
Marksboro
NJ

Frequently Asked Questions

What are today's mortgage rates in Marksboro?

As of today, the 30-year fixed mortgage rate for Marksboro is approximately 6.874% (6.909% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Marksboro
What is the median home price in Marksboro?

The median home value in Marksboro is $440k. The median monthly rent is $1,776. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marksboro?

Home values in Marksboro have increased 28.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Marksboro?

Based on a typical all-in ownership cost of $1,964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marksboro is $123k/year.

Calculate your buying power
What industries drive the economy in Marksboro?

The largest employment sectors in Marksboro are public administration (19%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.