Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08401 area can be challenging. Home prices in 08401 are now at a median cost of $154,366, lower than the New Jersey average of $388,929.
The average cost of rent is $937/mo in 08401, primarily driven by the current value of real estate in the 08401 area. While nearly 54.78% of residents own their homes outright in 08401, 72.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08401 is $2,710 per month. Households that rent pay about 34.57% of their income on rent here. 08401's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08406, NJ: higher priced homes
- 08203, NJ: higher priced homes
- 08402, NJ: higher priced homes
- 08232, NJ: less expensive homes
- 08403, NJ: higher priced homes
- 08201, NJ: higher priced homes
- 08225, NJ: higher priced homes
- 08221, NJ: higher priced homes
- 08205, NJ: higher priced homes
- 08244, NJ: higher priced homes
Zip Codes with Similar Populations
- 37207, TN: higher priced homes
- 55110, MN: higher priced homes
- 48154, MI: higher priced homes
- 48105, MI: higher priced homes
- 46901, IN: less expensive homes
- 46168, IN: higher priced homes
- 44224, OH: higher priced homes
- 44134, OH: less expensive homes
- 44094, OH: higher priced homes
- 43615, OH: less expensive homes
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