Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08224 area can be challenging. Home prices in 08224 are now at a median cost of $254,900, lower than the New Jersey average of $388,929.
The average cost of rent is $1,214/mo in 08224, primarily driven by the current value of real estate in the 08224 area. While nearly 40.97% of residents own their homes outright in 08224, 10.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08224 is $7,936 per month. Households that rent pay about 15.30% of their income on rent here. 08224's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08241, NJ: higher priced homes
- 08087, NJ: higher priced homes
- 08240, NJ: less expensive homes
- 08205, NJ: less expensive homes
- 08215, NJ: less expensive homes
- 08092, NJ: higher priced homes
- 08201, NJ: less expensive homes
- 08217, NJ: less expensive homes
- 08008, NJ: higher priced homes
- 08203, NJ: higher priced homes
Zip Codes with Similar Populations
- 97639, OR: equally priced homes
- 49839, MI: less expensive homes
- 95450, CA: higher priced homes
- 76460, TX: less expensive homes
- 97430, OR: equally priced homes
- 83464, ID: less expensive homes
- 44045, OH: less expensive homes
- 98350, WA: equally priced homes
- 39156, MS: less expensive homes
- 47110, IN: less expensive homes
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