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These days, finding an affordable place to live in the 08012 area can be challenging. Home prices in 08012 are now at a median cost of $227,297, lower than the New Jersey average of $388,929.
The average cost of rent is $1,343/mo in 08012, primarily driven by the current value of real estate in the 08012 area. While nearly 31.02% of residents own their homes outright in 08012, 30.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08012 is $7,285 per month. Households that rent pay about 18.44% of their income on rent here. 08012's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 08032, NJ: higher priced homes
- 08080, NJ: higher priced homes
- 08021, NJ: less expensive homes
- 08084, NJ: less expensive homes
- 08029, NJ: less expensive homes
- 08083, NJ: less expensive homes
- 08078, NJ: less expensive homes
- 08049, NJ: less expensive homes
- 08081, NJ: less expensive homes
- 08090, NJ: equally priced homes
Zip Codes with Similar Populations
- 10454, NY: higher priced homes
- 45385, OH: less expensive homes
- 46368, IN: less expensive homes
- 98004, WA: higher priced homes
- 83815, ID: higher priced homes
- 48047, MI: equally priced homes
- 48060, MI: less expensive homes
- 40219, KY: less expensive homes
- 39047, MS: equally priced homes
- 30180, GA: less expensive homes
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