Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 08055 area can be challenging. Home prices in 08055 are now at a median cost of $507,498, higher than the New Jersey average of $496,577.
The average cost of rent is $2,032/mo in 08055, primarily driven by the current value of real estate in the 08055 area. In 08055, 11.52% of households rent, and 30.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08055 is $13,719 per month. Households that rent pay about 14.81% of their income on rent here. 08055’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 08053, NJ: less expensive homes
- 08088, NJ: less expensive homes
- 08054, NJ: less expensive homes
- 08048, NJ: less expensive homes
- 08091, NJ: less expensive homes
- 08036, NJ: less expensive homes
- 08043, NJ: less expensive homes
- 08003, NJ: less expensive homes
- 08004, NJ: less expensive homes
- 08026, NJ: less expensive homes
Zip Codes with Similar Populations
- 06410, CT: less expensive homes
- 08755, NJ: equally priced homes
- 15146, PA: less expensive homes
- 02474, MA: higher priced homes
- 45240, OH: less expensive homes
- 55014, MN: less expensive homes
- 42003, KY: less expensive homes
- 55446, MN: higher priced homes
- 60091, IL: higher priced homes
- 60656, IL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood