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Affordable
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These days, finding an affordable place to live in the 08032 area can be challenging. Home prices in 08032 are now at a median cost of $426,141, lower than the New Jersey average of $496,577.
The average cost of rent is $1,531/mo in 08032, primarily driven by the current value of real estate in the 08032 area. In 08032, 0.74% of households rent, and 25.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08032 is $16,156 per month. Households that rent pay about 9.48% of their income on rent here. 08032’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 08012, NJ: less expensive homes
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Zip Codes with Similar Populations
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