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These days, finding an affordable place to live in the 08244 area can be challenging. Home prices in 08244 are now at a median cost of $319,962, lower than the New Jersey average of $496,577.
The average cost of rent is $1,355/mo in 08244, primarily driven by the current value of real estate in the 08244 area. In 08244, 47.43% of households rent, and 45.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08244 is $6,135 per month. Households that rent pay about 22.09% of their income on rent here. 08244’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 08221, NJ: higher priced homes
- 08226, NJ: higher priced homes
- 08403, NJ: higher priced homes
- 08225, NJ: equally priced homes
- 08234, NJ: equally priced homes
- 08402, NJ: higher priced homes
- 08223, NJ: higher priced homes
- 08232, NJ: less expensive homes
- 08406, NJ: higher priced homes
- 08401, NJ: less expensive homes
Zip Codes with Similar Populations
- 37764, TN: less expensive homes
- 94571, CA: higher priced homes
- 28721, NC: equally priced homes
- 29572, SC: higher priced homes
- 29645, SC: less expensive homes
- 30666, GA: higher priced homes
- 32169, FL: higher priced homes
- 62471, IL: less expensive homes
- 33050, FL: higher priced homes
- 33947, FL: higher priced homes
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