M
MortgageMath
Free mortgage calculators for every state

Bridgeton vs Somerville:
Housing Costs in New Jersey

Side-by-side comparison of home prices, mortgage payments, and housing costs between Bridgeton and Somerville, New Jersey. Using New Jersey's 2.47% property tax rate and $1,500/year insurance. Updated for 2026.

MetricBridgetonSomerville
Median Home Price$185K$445K
Population25,10812,098
Average Rent$1,020/mo$1,720/mo
Est. Monthly Mortgage (P&I)$1,052/mo$2,531/mo
Est. Monthly Property Tax$381/mo$916/mo
Est. Monthly Insurance$125/mo$125/mo
Est. Total PITI$1,628/mo$3,739/mo
Price-to-Rent Ratio15.121.6
Verdict

Bridgeton is significantly more affordable than Somerville, with homes priced 58% lower on average. That translates to $2,111/month in savings on your total housing payment. For budget-conscious buyers in New Jersey, Bridgeton offers a much more accessible path to homeownership.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses New Jersey's 2.47% property tax rate.

Bridgeton
Home Price$185,000
Down Payment (10%)$18,500
Loan Amount$166,500
Monthly P&I$1,052
Monthly Property Tax$381
Monthly Insurance$125
Monthly PMI$69
Total PITI$1,628/mo
Annual property tax: $4,570
Somerville
Home Price$445,000
Down Payment (10%)$44,500
Loan Amount$400,500
Monthly P&I$2,531
Monthly Property Tax$916
Monthly Insurance$125
Monthly PMI$167
Total PITI$3,739/mo
Annual property tax: $10,992

Buying in Bridgeton saves you approximately $2,111/month ($25,332/year) compared to Somerville, based on median home prices with identical loan terms.

Which City Is Better For...

First-Time Buyers

Bridgeton is the better choice for first-time buyers, with a median price of $185K versus $445K in Somerville. That's $260K less to save for a down payment. You'd need roughly $6K for an FHA 3.5% down payment in Bridgeton, compared to $16K in Somerville. New Jersey offers the NJHMFA DPA Program program (Up to $15,000 forgivable) which applies in both cities.

Real Estate Investment

Bridgeton has the better price-to-rent ratio at 15.1x versus 21.6x in Somerville. A lower ratio generally signals better rental income relative to purchase price. Average rent in Bridgeton is $1,020/month on a $185K median home, making it a stronger candidate for buy-and-rent investors.

Families

Bridgeton (pop. 25,108) offers more amenities, schools, and services typical of a larger city, while Somerville (pop. 12,098) may offer a quieter, more community-oriented lifestyle. Bridgeton offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.

Income Needed to Afford the Median Home

Bridgeton
$70K
annual household income
Based on $1,628/mo PITI at 28% DTI
Somerville
$160K
annual household income
Based on $3,739/mo PITI at 28% DTI

Other Cities in New Jersey

Newark$385K
Pop. 311,549 · Rent $1,650/mo
Jersey City$575K
Pop. 292,449 · Rent $2,650/mo
Paterson$395K
Pop. 159,732 · Rent $1,580/mo
Elizabeth$425K
Pop. 137,298 · Rent $1,720/mo
Princeton$850K
Pop. 31,822 · Rent $2,450/mo
Trenton$215K
Pop. 90,871 · Rent $1,280/mo
Hoboken$725K
Pop. 60,419 · Rent $3,050/mo
Vineland$245K
Pop. 60,724 · Rent $1,220/mo

Explore New Jersey

New Jersey Mortgage Guide$505K median →
2.47% tax · $10K closing · $1,500/yr insurance
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Bridgeton or Somerville.
Rent vs Buy Calculator →
The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.