Affordable
Expensive
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These days, finding an affordable place to live in the 08340 area can be challenging. Home prices in 08340 are now at a median cost of $237,764, lower than the New Jersey average of $388,929.
The average cost of rent is $1,073/mo in 08340, primarily driven by the current value of real estate in the 08340 area. While nearly 31.90% of residents own their homes outright in 08340, 15.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08340 is $6,585 per month. Households that rent pay about 16.29% of their income on rent here. 08340's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 08317, NJ: less expensive homes
- 08350, NJ: equally priced homes
- 08319, NJ: higher priced homes
- 08310, NJ: less expensive homes
- 08361, NJ: equally priced homes
- 08326, NJ: less expensive homes
- 08341, NJ: less expensive homes
- 08346, NJ: less expensive homes
- 08360, NJ: less expensive homes
- 08330, NJ: less expensive homes
Zip Codes with Similar Populations
- 81225, CO: higher priced homes
- 65054, MO: less expensive homes
- 79789, TX: less expensive homes
- 77538, TX: less expensive homes
- 31034, GA: less expensive homes
- 89440, NV: higher priced homes
- 31307, GA: less expensive homes
- 36761, AL: less expensive homes
- 62046, IL: less expensive homes
- 87056, NM: less expensive homes
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