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These days, finding an affordable place to live in the 08001 area can be challenging. Home prices in 08001 are now at a median cost of $260,452, lower than the New Jersey average of $388,929.
The average cost of rent is $1,073/mo in 08001, primarily driven by the current value of real estate in the 08001 area. While nearly 39.17% of residents own their homes outright in 08001, 13.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08001 is $8,658 per month. Households that rent pay about 12.39% of their income on rent here. 08001's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08072, NJ: less expensive homes
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- 08302, NJ: less expensive homes
- 08323, NJ: less expensive homes
- 08039, NJ: higher priced homes
- 08318, NJ: less expensive homes
- 08070, NJ: less expensive homes
Zip Codes with Similar Populations
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- 65658, MO: less expensive homes
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- 54540, WI: less expensive homes
- 52536, IA: less expensive homes
- 51354, IA: less expensive homes
- 67525, KS: less expensive homes
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