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Affordable
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These days, finding an affordable place to live in the 08232 area can be challenging. Home prices in 08232 are now at a median cost of $194,131, lower than the New Jersey average of $496,577.
The average cost of rent is $1,413/mo in 08232, primarily driven by the current value of real estate in the 08232 area. In 08232, 49.56% of households rent, and 34.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08232 is $5,022 per month. Households that rent pay about 28.15% of their income on rent here. 08232’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
- 08225, NJ: higher priced homes
- 08201, NJ: higher priced homes
- 08406, NJ: higher priced homes
- 08221, NJ: higher priced homes
- 08402, NJ: higher priced homes
- 08234, NJ: higher priced homes
- 08401, NJ: equally priced homes
- 08403, NJ: higher priced homes
- 08205, NJ: higher priced homes
- 08244, NJ: higher priced homes
Zip Codes with Similar Populations
- 93927, CA: higher priced homes
- 08077, NJ: higher priced homes
- 75235, TX: higher priced homes
- 38555, TN: higher priced homes
- 38242, TN: less expensive homes
- 37745, TN: higher priced homes
- 39194, MS: less expensive homes
- 33545, FL: higher priced homes
- 32305, FL: less expensive homes
- 55906, MN: higher priced homes
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