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These days, finding an affordable place to live in the 08087 area can be challenging. Home prices in 08087 are now at a median cost of $282,526, lower than the New Jersey average of $388,929.
The average cost of rent is $1,618/mo in 08087, primarily driven by the current value of real estate in the 08087 area. While nearly 38.89% of residents own their homes outright in 08087, 15.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08087 is $6,790 per month. Households that rent pay about 23.83% of their income on rent here. 08087's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08224, NJ: less expensive homes
- 08092, NJ: equally priced homes
- 08241, NJ: equally priced homes
- 08008, NJ: higher priced homes
- 08205, NJ: less expensive homes
- 08240, NJ: less expensive homes
- 08203, NJ: higher priced homes
- 08201, NJ: less expensive homes
- 08215, NJ: less expensive homes
- 08217, NJ: less expensive homes
Zip Codes with Similar Populations
- 86406, AZ: higher priced homes
- 11010, NY: higher priced homes
- 28443, NC: equally priced homes
- 28681, NC: less expensive homes
- 02745, MA: equally priced homes
- 90274, CA: higher priced homes
- 90270, CA: higher priced homes
- 80023, CO: higher priced homes
- 90403, CA: higher priced homes
- 66030, KS: less expensive homes
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