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These days, finding an affordable place to live in the 08110 area can be challenging. Home prices in 08110 are now at a median cost of $249,594, lower than the New Jersey average of $496,577.
The average cost of rent is $1,411/mo in 08110, primarily driven by the current value of real estate in the 08110 area. In 08110, 24.94% of households rent, and 31.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08110 is $6,983 per month. Households that rent pay about 20.20% of their income on rent here. 08110’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
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Zip Codes with Similar Populations
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