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Oldwick

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

Median Home$795,400
Median Rent$3,501/month
Population447
Leading IndustriesRetail · Construction · Transportation16% retail
Home Value Growth⬆⬆+11.6% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners96% of occupied units
NotableHigh Incomes$193k/year · top 1% nationally
Oldwick
NJ

Frequently Asked Questions

What are today's mortgage rates in Oldwick?

As of today, the 30-year fixed mortgage rate for Oldwick is approximately 6.892% (6.928% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Oldwick?

The median home value in Oldwick is $795k. The median monthly rent is $3,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Oldwick?

Home values in Oldwick have increased 11.6% 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 Oldwick?

Based on a typical all-in ownership cost of $3,243/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $139k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Oldwick is $193k/year.

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What industries drive the economy in Oldwick?

The largest employment sectors in Oldwick are public administration (18%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.