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Affordable
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These days, finding an affordable place to live in the 08094 area can be challenging. Home prices in 08094 are now at a median cost of $296,850, lower than the New Jersey average of $496,577.
The average cost of rent is $1,535/mo in 08094, primarily driven by the current value of real estate in the 08094 area. In 08094, 14.00% of households rent, and 29.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08094 is $9,689 per month. Households that rent pay about 15.84% of their income on rent here. 08094’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern 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
- 08081, NJ: equally priced homes
- 08322, NJ: higher priced homes
- 08312, NJ: less expensive homes
- 08095, NJ: equally priced homes
- 08028, NJ: equally priced homes
- 08089, NJ: less expensive homes
- 08328, NJ: equally priced homes
- 08009, NJ: equally priced homes
- 08080, NJ: higher priced homes
- 08344, NJ: equally priced homes
Zip Codes with Similar Populations
- 79927, TX: less expensive homes
- 89015, NV: higher priced homes
- 60565, IL: higher priced homes
- 60068, IL: higher priced homes
- 54220, WI: less expensive homes
- 32724, FL: equally priced homes
- 32780, FL: equally priced homes
- 30126, GA: higher priced homes
- 32955, FL: higher priced homes
- 93637, CA: higher priced homes
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