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These days, finding an affordable place to live in the 08057 area can be challenging. Home prices in 08057 are now at a median cost of $675,200, higher than the New Jersey average of $496,577.
The average cost of rent is $1,769/mo in 08057, primarily driven by the current value of real estate in the 08057 area. In 08057, 18.58% of households rent, and 34.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08057 is $14,031 per month. Households that rent pay about 12.61% of their income on rent here. 08057’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 08052, NJ: less expensive homes
- 08054, NJ: less expensive homes
- 08077, NJ: less expensive homes
- 08075, NJ: less expensive homes
- 08065, NJ: less expensive homes
- 08002, NJ: less expensive homes
- 08073, NJ: less expensive homes
- 08046, NJ: less expensive homes
- 08034, NJ: less expensive homes
- 08109, NJ: less expensive homes
Zip Codes with Similar Populations
- 15239, PA: less expensive homes
- 93630, CA: less expensive homes
- 01440, MA: less expensive homes
- 39073, MS: less expensive homes
- 36092, AL: less expensive homes
- 49445, MI: less expensive homes
- 33525, FL: less expensive homes
- 30277, GA: less expensive homes
- 67901, KS: less expensive homes
- 19008, PA: less expensive homes
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