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These days, finding an affordable place to live in the 08041 area can be challenging. Home prices in 08041 are now at a median cost of $518,100, higher than the New Jersey average of $496,577.
The average cost of rent is $1,414/mo in 08041, primarily driven by the current value of real estate in the 08041 area. In 08041, 6.71% of households rent, and 28.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08041 is $12,141 per month. Households that rent pay about 11.65% of their income on rent here. 08041’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 08042, NJ: equally priced homes
- 08022, NJ: less expensive homes
- 08640, NJ: less expensive homes
- 08562, NJ: less expensive homes
- 08068, NJ: less expensive homes
- 08641, NJ: less expensive homes
- 08060, NJ: less expensive homes
- 08064, NJ: less expensive homes
- 08511, NJ: less expensive homes
- 08515, NJ: equally priced homes
Zip Codes with Similar Populations
- 89001, NV: less expensive homes
- 29899, SC: less expensive homes
- 62634, IL: less expensive homes
- 63829, MO: less expensive homes
- 55018, MN: less expensive homes
- 16836, PA: less expensive homes
- 52552, IA: less expensive homes
- 80741, CO: less expensive homes
- 67583, KS: less expensive homes
- 18070, PA: less expensive homes
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