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These days, finding an affordable place to live in the 08003 area can be challenging. Home prices in 08003 are now at a median cost of $352,911, lower than the New Jersey average of $388,929.
The average cost of rent is $1,696/mo in 08003, primarily driven by the current value of real estate in the 08003 area. While nearly 35.72% of residents own their homes outright in 08003, 13.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08003 is $11,160 per month. Households that rent pay about 15.20% of their income on rent here. 08003's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08043, NJ: less expensive homes
- 08034, NJ: less expensive homes
- 08026, NJ: less expensive homes
- 08045, NJ: less expensive homes
- 08053, NJ: less expensive homes
- 08033, NJ: higher priced homes
- 08049, NJ: less expensive homes
- 08083, NJ: less expensive homes
- 08002, NJ: less expensive homes
- 08084, NJ: less expensive homes
Zip Codes with Similar Populations
- 32086, FL: less expensive homes
- 98029, WA: higher priced homes
- 50158, IA: less expensive homes
- 37067, TN: higher priced homes
- 55378, MN: equally priced homes
- 33325, FL: equally priced homes
- 55411, MN: less expensive homes
- 32539, FL: less expensive homes
- 60099, IL: less expensive homes
- 21237, MD: less expensive homes
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