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These days, finding an affordable place to live in the 08348 area can be challenging. Home prices in 08348 are now at a median cost of $243,700, lower than the New Jersey average of $496,577.
The average cost of rent is $1,732/mo in 08348, primarily driven by the current value of real estate in the 08348 area. In 08348, 24.73% of households rent, and 55.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08348 is $5,108 per month. Households that rent pay about 33.91% of their income on rent here. 08348’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 08329, NJ: less expensive homes
- 08316, NJ: less expensive homes
- 08327, NJ: less expensive homes
- 08349, NJ: less expensive homes
- 08324, NJ: less expensive homes
- 08314, NJ: equally priced homes
- 08332, NJ: less expensive homes
- 08319, NJ: higher priced homes
- 08345, NJ: less expensive homes
- 08317, NJ: less expensive homes
Zip Codes with Similar Populations
- 50631, IA: less expensive homes
- 96076, CA: higher priced homes
- 54413, WI: less expensive homes
- 99550, AK: less expensive homes
- 89022, NV: less expensive homes
- 89311, NV: less expensive homes
- 89409, NV: less expensive homes
- 21669, MD: equally priced homes
- 57541, SD: less expensive homes
- 23427, VA: less expensive homes
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