Home Insurance in Newton, New Jersey
With a median home value of $302,700, Newton is 18% lower than the Sussex County median.
The typical home in Newton was built around 1962. About 48% of homes were built before 1960, about 17 points above Sussex County's 32%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Newton breaks down to 61% single-family homes, 28% apartments in buildings with 5+ units and 1% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
In Newton, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Newton has an owner-occupancy rate of 59% and a vacancy rate of 9%; unoccupied homes typically need a different coverage form.
Most homes in Newton - 51% - are primarily heated with natural gas. Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
Sussex County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Sussex County had 193 active NFIP flood policies as of September 2026. See the full Sussex County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in New Jersey carries a statewide average premium of $1,551 per year.
Key figures
| Median home value | $302,700 |
|---|---|
| Median year built | 1962 |
| Owner-occupied share | 59% |
| Share of owner-occupied homes with a mortgage | 69% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Sussex County | 193 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)