Mercer County, New Jersey has a 2026 one-unit conforming loan limit of $832,750, which is 2.2 times the county's median home value of $377,700, so a typical home there can be financed with a conforming (non-jumbo) loan; median household income is $100,645 (FHFA; Census ACS 2020–2024).
Data as of 2026. Source: FHFA 2026 conforming loan limits; U.S. Census Bureau ACS 2020–2024
| Item | Value |
|---|---|
| 1-unit limit (2026) | $832,750 |
| 2-unit limit | $1,066,250 |
| 3-unit limit | $1,288,800 |
| 4-unit limit | $1,601,750 |
| Median home value (ACS 2020–24) | $377,700 |
| New Jersey median home value | $454,400 |
| Limit ÷ median home value | 2.20× |
| Median household income | $100,645 |
| Median home value ÷ income | 3.8× |
| Population | 385,864 |
| Median property tax paid (owners) | $8,909 |
| Effective property tax rate (approx.) | 2.36% |
| Owner-occupied homes | 62.2% |
| Home value rank in New Jersey | 13 of 21 counties |
| Neighbor: Burlington County, NJ | limit $832,750; median home $354,000 |
| Neighbor: Hunterdon County, NJ | limit $1,209,750; median home $517,200 |
| Neighbor: Middlesex County, NJ | limit $1,209,750; median home $462,900 |
| Neighbor: Monmouth County, NJ | limit $1,209,750; median home $606,100 |
| Neighbor: Somerset County, NJ | limit $1,209,750; median home $552,100 |
| Neighbor: Bucks County, PA | limit $832,750; median home $445,700 |
Across New Jersey's 21 counties, FHFA's 2026 one-unit limits range from $832,750 to $1,209,750, with 12 high-cost counties. Mercer County's median home value is 17% below the state median of $454,400 (rank 13 of 21). Among its 6 neighboring counties, Monmouth County has the highest median home value ($606,100) and Burlington County the lowest ($354,000); 4 neighbor(s) have a different loan limit. Owners pay a median $8,909 a year in property tax, an effective rate of about 2.36% of home value.
County data: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (tables B25077, B19013, B01003, B25103, B25003). Neighbors: Census county adjacency file.
Related
- 2026 conforming loan limit: Mercer County, KY
- 2026 conforming loan limit: Mercer County, MO
- 2026 conforming loan limit: Mercer County, ND
- 2026 conforming loan limit: Mercer County, OH
- 2026 conforming loan limit: Mercer County, PA
- 2026 conforming loan limit: Mercer County, WV
- 2026 conforming loan limit: Meriwether County, GA
- 2026 conforming loan limit: Merrick County, NE
Last updated 2026-10-16. Data only, not financial or tax advice.