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Affordable
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These days, finding an affordable place to live in the 08098 area can be challenging. Home prices in 08098 are now at a median cost of $313,350, lower than the New Jersey average of $496,577.
The average cost of rent is $1,410/mo in 08098, primarily driven by the current value of real estate in the 08098 area. In 08098, 23.86% of households rent, and 32.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08098 is $9,904 per month. Households that rent pay about 14.23% of their income on rent here. 08098’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 08039, NJ: higher priced homes
- 08085, NJ: higher priced homes
- 08001, NJ: equally priced homes
- 08062, NJ: higher priced homes
- 08067, NJ: equally priced homes
- 08072, NJ: less expensive homes
- 08069, NJ: less expensive homes
- 08023, NJ: less expensive homes
- 08343, NJ: equally priced homes
- 08079, NJ: less expensive homes
Zip Codes with Similar Populations
- 68434, NE: less expensive homes
- 26651, WV: less expensive homes
- 29920, SC: equally priced homes
- 30217, GA: less expensive homes
- 30662, GA: less expensive homes
- 32110, FL: equally priced homes
- 34614, FL: equally priced homes
- 35051, AL: less expensive homes
- 35555, AL: less expensive homes
- 36421, AL: less expensive homes
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