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Affordable
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These days, finding an affordable place to live in the 08036 area can be challenging. Home prices in 08036 are now at a median cost of $447,126, lower than the New Jersey average of $496,577.
The average cost of rent is $1,878/mo in 08036, primarily driven by the current value of real estate in the 08036 area. In 08036, 10.25% of households rent, and 43.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08036 is $13,085 per month. Households that rent pay about 14.35% of their income on rent here. 08036’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
- 08048, NJ: equally priced homes
- 08073, NJ: less expensive homes
- 08060, NJ: less expensive homes
- 08054, NJ: less expensive homes
- 08046, NJ: less expensive homes
- 08057, NJ: higher priced homes
- 08016, NJ: less expensive homes
- 08010, NJ: less expensive homes
- 08075, NJ: less expensive homes
- 08053, NJ: less expensive homes
Zip Codes with Similar Populations
- 56362, MN: less expensive homes
- 17322, PA: less expensive homes
- 75148, TX: less expensive homes
- 19362, PA: less expensive homes
- 24263, VA: less expensive homes
- 24360, VA: less expensive homes
- 24370, VA: less expensive homes
- 24422, VA: less expensive homes
- 24558, VA: less expensive homes
- 24630, VA: less expensive homes
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