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Affordable
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These days, finding an affordable place to live in the 08033 area can be challenging. Home prices in 08033 are now at a median cost of $663,949, higher than the New Jersey average of $496,577.
The average cost of rent is $1,782/mo in 08033, primarily driven by the current value of real estate in the 08033 area. In 08033, 28.87% of households rent, and 28.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08033 is $14,307 per month. Households that rent pay about 12.46% of their income on rent here. 08033’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 08106, NJ: less expensive homes
- 08035, NJ: less expensive homes
- 08108, NJ: less expensive homes
- 08045, NJ: less expensive homes
- 08034, NJ: less expensive homes
- 08007, NJ: less expensive homes
- 08107, NJ: less expensive homes
- 08002, NJ: less expensive homes
- 08049, NJ: less expensive homes
- 08059, NJ: less expensive homes
Zip Codes with Similar Populations
- 91901, CA: higher priced homes
- 01570, MA: less expensive homes
- 89027, NV: less expensive homes
- 02476, MA: higher priced homes
- 02871, RI: equally priced homes
- 06062, CT: less expensive homes
- 06443, CT: equally priced homes
- 07834, NJ: less expensive homes
- 44123, OH: less expensive homes
- 55346, MN: less expensive homes
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