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These days, finding an affordable place to live in the 08223 area can be challenging. Home prices in 08223 are now at a median cost of $296,901, lower than the New Jersey average of $388,929.
The average cost of rent is $1,491/mo in 08223, primarily driven by the current value of real estate in the 08223 area. While nearly 36.57% of residents own their homes outright in 08223, 10.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08223 is $7,593 per month. Households that rent pay about 19.64% of their income on rent here. 08223's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08226, NJ: higher priced homes
- 08230, NJ: higher priced homes
- 08248, NJ: higher priced homes
- 08244, NJ: less expensive homes
- 08221, NJ: equally priced homes
- 08270, NJ: less expensive homes
- 08403, NJ: higher priced homes
- 08243, NJ: higher priced homes
- 08225, NJ: less expensive homes
- 08402, NJ: higher priced homes
Zip Codes with Similar Populations
- 29682, SC: equally priced homes
- 42653, KY: less expensive homes
- 42459, KY: less expensive homes
- 42210, KY: less expensive homes
- 41224, KY: less expensive homes
- 35054, AL: less expensive homes
- 32617, FL: less expensive homes
- 32322, FL: less expensive homes
- 31091, GA: less expensive homes
- 30222, GA: less expensive homes
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