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Affordable
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These days, finding an affordable place to live in the 08312 area can be challenging. Home prices in 08312 are now at a median cost of $243,333, lower than the New Jersey average of $496,577.
The average cost of rent is $1,447/mo in 08312, primarily driven by the current value of real estate in the 08312 area. In 08312, 19.34% of households rent, and 22.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08312 is $7,717 per month. Households that rent pay about 18.76% of their income on rent here. 08312’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 08322, NJ: higher priced homes
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- 08328, NJ: higher priced homes
- 08080, NJ: higher priced homes
- 08344, NJ: higher priced homes
- 08081, NJ: higher priced homes
- 08318, NJ: higher priced homes
Zip Codes with Similar Populations
- 04084, ME: higher priced homes
- 36530, AL: equally priced homes
- 80913, CO: higher priced homes
- 26525, WV: less expensive homes
- 80435, CO: higher priced homes
- 79382, TX: higher priced homes
- 78639, TX: equally priced homes
- 77964, TX: equally priced homes
- 30740, GA: equally priced homes
- 32052, FL: less expensive homes
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