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These days, finding an affordable place to live in the 08050 area can be challenging. Home prices in 08050 are now at a median cost of $385,588, lower than the New Jersey average of $388,929.
The average cost of rent is $1,682/mo in 08050, primarily driven by the current value of real estate in the 08050 area. While nearly 44.20% of residents own their homes outright in 08050, 10.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08050 is $8,135 per month. Households that rent pay about 20.67% of their income on rent here. 08050's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 08005, NJ: less expensive homes
- 08092, NJ: less expensive homes
- 08758, NJ: less expensive homes
- 08008, NJ: higher priced homes
- 08006, NJ: higher priced homes
- 08731, NJ: less expensive homes
- 08734, NJ: less expensive homes
- 08019, NJ: less expensive homes
- 08088, NJ: less expensive homes
- 08037, NJ: less expensive homes
Zip Codes with Similar Populations
- 91932, CA: higher priced homes
- 89044, NV: higher priced homes
- 20007, DC: higher priced homes
- 42431, KY: less expensive homes
- 95776, CA: equally priced homes
- 35160, AL: less expensive homes
- 34652, FL: less expensive homes
- 00641, PR: less expensive homes
- 29646, SC: less expensive homes
- 29036, SC: equally priced homes
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