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These days, finding an affordable place to live in the 08251 area can be challenging. Home prices in 08251 are now at a median cost of $212,058, lower than the New Jersey average of $388,929.
The average cost of rent is $1,459/mo in 08251, primarily driven by the current value of real estate in the 08251 area. While nearly 33.77% of residents own their homes outright in 08251, 16.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08251 is $5,213 per month. Households that rent pay about 27.99% of their income on rent here. 08251's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08242, NJ: higher priced homes
- 08204, NJ: higher priced homes
- 08212, NJ: higher priced homes
- 08260, NJ: higher priced homes
- 08210, NJ: higher priced homes
- 08247, NJ: higher priced homes
- 08202, NJ: higher priced homes
- 08243, NJ: higher priced homes
- 08248, NJ: higher priced homes
- 19963, DE: higher priced homes
Zip Codes with Similar Populations
- 16407, PA: less expensive homes
- 01460, MA: higher priced homes
- 37186, TN: less expensive homes
- 47542, IN: less expensive homes
- 60915, IL: less expensive homes
- 16441, PA: less expensive homes
- 15906, PA: less expensive homes
- 14031, NY: higher priced homes
- 79901, TX: less expensive homes
- 12414, NY: less expensive homes
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