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These days, finding an affordable place to live in the 08004 area can be challenging. Home prices in 08004 are now at a median cost of $271,121, lower than the New Jersey average of $496,577.
The average cost of rent is $1,381/mo in 08004, primarily driven by the current value of real estate in the 08004 area. In 08004, 20.87% of households rent, and 30.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08004 is $9,620 per month. Households that rent pay about 14.35% of their income on rent here. 08004’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 08089, NJ: equally priced homes
- 08009, NJ: higher priced homes
- 08091, NJ: higher priced homes
- 08081, NJ: equally priced homes
- 08026, NJ: higher priced homes
- 08043, NJ: higher priced homes
- 08021, NJ: less expensive homes
- 08095, NJ: equally priced homes
- 08055, NJ: higher priced homes
- 08053, NJ: higher priced homes
Zip Codes with Similar Populations
- 06078, CT: higher priced homes
- 81625, CO: higher priced homes
- 44811, OH: less expensive homes
- 61548, IL: less expensive homes
- 33982, FL: higher priced homes
- 35146, AL: equally priced homes
- 35565, AL: less expensive homes
- 37650, TN: less expensive homes
- 39819, GA: less expensive homes
- 40336, KY: less expensive homes
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