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These days, finding an affordable place to live in the 08059 area can be challenging. Home prices in 08059 are now at a median cost of $256,827, lower than the New Jersey average of $496,577.
The average cost of rent is $1,671/mo in 08059, primarily driven by the current value of real estate in the 08059 area. In 08059, 29.96% of households rent, and 33.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08059 is $7,331 per month. Households that rent pay about 22.79% of their income on rent here. 08059’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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
- 08031, NJ: equally priced homes
- 08106, NJ: higher priced homes
- 08030, NJ: less expensive homes
- 08035, NJ: higher priced homes
- 08107, NJ: higher priced homes
- 08007, NJ: equally priced homes
- 08078, NJ: equally priced homes
- 08104, NJ: less expensive homes
- 08093, NJ: less expensive homes
- 08108, NJ: higher priced homes
Zip Codes with Similar Populations
- 75603, TX: less expensive homes
- 47353, IN: less expensive homes
- 46402, IN: less expensive homes
- 68818, NE: equally priced homes
- 70712, LA: equally priced homes
- 40067, KY: higher priced homes
- 39744, MS: less expensive homes
- 39483, MS: less expensive homes
- 73527, OK: less expensive homes
- 39071, MS: equally priced homes
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