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Affordable
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These days, finding an affordable place to live in the 08089 area can be challenging. Home prices in 08089 are now at a median cost of $261,081, lower than the New Jersey average of $496,577.
The average cost of rent is $1,341/mo in 08089, primarily driven by the current value of real estate in the 08089 area. In 08089, 5.55% of households rent, and 34.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08089 is $9,497 per month. Households that rent pay about 14.12% of their income on rent here. 08089’s most expensive areas are in the southern 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
- 08004, NJ: equally priced homes
- 08095, NJ: equally priced homes
- 08009, NJ: higher priced homes
- 08091, NJ: higher priced homes
- 08081, NJ: higher priced homes
- 08037, NJ: higher priced homes
- 08094, NJ: higher priced homes
- 08021, NJ: less expensive homes
- 08026, NJ: higher priced homes
- 08043, NJ: higher priced homes
Zip Codes with Similar Populations
- 39897, GA: less expensive homes
- 32744, FL: higher priced homes
- 72833, AR: less expensive homes
- 91906, CA: higher priced homes
- 10006, NY: higher priced homes
- 61546, IL: less expensive homes
- 42450, KY: less expensive homes
- 62467, IL: less expensive homes
- 41092, KY: higher priced homes
- 70788, LA: less expensive homes
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