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These days, finding an affordable place to live in the 08008 area can be challenging. Home prices in 08008 are now at a median cost of $888,559, higher than the New Jersey average of $388,929.
The average cost of rent is $1,397/mo in 08008, primarily driven by the current value of real estate in the 08008 area. While nearly 56.15% of residents own their homes outright in 08008, 7.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08008 is $8,685 per month. Households that rent pay about 16.09% of their income on rent here. 08008's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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