Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08511 area can be challenging. Home prices in 08511 are now at a median cost of $237,716, lower than the New Jersey average of $388,929.
The average cost of rent is $1,790/mo in 08511, primarily driven by the current value of real estate in the 08511 area. While nearly 37.36% of residents own their homes outright in 08511, 14.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08511 is $8,278 per month. Households that rent pay about 21.62% of their income on rent here. 08511's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 08641, NJ: higher priced homes
- 08562, NJ: less expensive homes
- 08533, NJ: higher priced homes
- 08640, NJ: higher priced homes
- 08042, NJ: higher priced homes
- 08015, NJ: less expensive homes
- 08514, NJ: higher priced homes
- 08041, NJ: higher priced homes
- 08064, NJ: equally priced homes
- 08515, NJ: higher priced homes
Zip Codes with Similar Populations
- 43153, OH: less expensive homes
- 62956, IL: less expensive homes
- 47612, IN: less expensive homes
- 49744, MI: less expensive homes
- 49963, MI: less expensive homes
- 52325, IA: less expensive homes
- 37753, TN: less expensive homes
- 37340, TN: less expensive homes
- 53961, WI: less expensive homes
- 54545, WI: higher priced homes
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