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These days, finding an affordable place to live in the 08248 area can be challenging. Home prices in 08248 are now at a median cost of $937,500, higher than the New Jersey average of $388,929.
The average cost of rent is $1,197/mo in 08248, primarily driven by the current value of real estate in the 08248 area. While nearly 56.58% of residents own their homes outright in 08248, 0.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08248 is $9,826 per month. Households that rent pay about 12.18% of their income on rent here. 08248's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08230, NJ: less expensive homes
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- 08223, NJ: less expensive homes
- 08226, NJ: less expensive homes
- 08202, NJ: higher priced homes
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- 08247, NJ: higher priced homes
- 08210, NJ: less expensive homes
- 08314, NJ: less expensive homes
- 08327, NJ: less expensive homes
Zip Codes with Similar Populations
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- 98852, WA: less expensive homes
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