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Affordable
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These days, finding an affordable place to live in the 08083 area can be challenging. Home prices in 08083 are now at a median cost of $260,960, lower than the New Jersey average of $496,577.
The average cost of rent is $1,382/mo in 08083, primarily driven by the current value of real estate in the 08083 area. In 08083, 27.96% of households rent, and 27.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08083 is $7,732 per month. Households that rent pay about 17.87% of their income on rent here. 08083’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 08049, NJ: equally priced homes
- 08084, NJ: equally priced homes
- 08045, NJ: equally priced homes
- 08029, NJ: equally priced homes
- 08007, NJ: equally priced homes
- 08078, NJ: equally priced homes
- 08021, NJ: less expensive homes
- 08026, NJ: higher priced homes
- 08035, NJ: higher priced homes
- 08043, NJ: higher priced homes
Zip Codes with Similar Populations
- 30230, GA: less expensive homes
- 19079, PA: less expensive homes
- 77612, TX: less expensive homes
- 20755, MD: higher priced homes
- 24293, VA: less expensive homes
- 27357, NC: higher priced homes
- 73065, OK: equally priced homes
- 27542, NC: less expensive homes
- 28174, NC: less expensive homes
- 28337, NC: less expensive homes
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