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These days, finding an affordable place to live in the 08247 area can be challenging. Home prices in 08247 are now at a median cost of $1,876,879, higher than the New Jersey average of $496,577.
The average cost of rent is $1,713/mo in 08247, primarily driven by the current value of real estate in the 08247 area. In 08247, 11.21% of households rent, and 57.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08247 is $13,640 per month. Households that rent pay about 12.56% of their income on rent here. 08247’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 08202, NJ: equally priced homes
- 08210, NJ: less expensive homes
- 08260, NJ: less expensive homes
- 08242, NJ: less expensive homes
- 08243, NJ: less expensive homes
- 08251, NJ: less expensive homes
- 08204, NJ: less expensive homes
- 08248, NJ: less expensive homes
- 08212, NJ: less expensive homes
- 19963, DE: less expensive homes
Zip Codes with Similar Populations
- 77444, TX: less expensive homes
- 23846, VA: less expensive homes
- 31527, GA: less expensive homes
- 47521, IN: less expensive homes
- 49812, MI: less expensive homes
- 66834, KS: less expensive homes
- 67349, KS: less expensive homes
- 68874, NE: less expensive homes
- 69045, NE: less expensive homes
- 71660, AR: less expensive homes
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