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Expensive
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These days, finding an affordable place to live in the 08078 area can be challenging. Home prices in 08078 are now at a median cost of $172,198, lower than the New Jersey average of $388,929.
The average cost of rent is $1,173/mo in 08078, primarily driven by the current value of real estate in the 08078 area. While nearly 28.09% of residents own their homes outright in 08078, 28.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08078 is $6,536 per month. Households that rent pay about 17.94% of their income on rent here. 08078's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08029, NJ: equally priced homes
- 08007, NJ: higher priced homes
- 08031, NJ: equally priced homes
- 08049, NJ: equally priced homes
- 08035, NJ: higher priced homes
- 08059, NJ: equally priced homes
- 08083, NJ: higher priced homes
- 08045, NJ: higher priced homes
- 08106, NJ: higher priced homes
- 08093, NJ: equally priced homes
Zip Codes with Similar Populations
- 00622, PR: less expensive homes
- 89429, NV: higher priced homes
- 94574, CA: higher priced homes
- 31308, GA: less expensive homes
- 48131, MI: higher priced homes
- 27949, NC: higher priced homes
- 97760, OR: higher priced homes
- 59725, MT: higher priced homes
- 15126, PA: higher priced homes
- 98815, WA: higher priced homes
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