Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08514 area can be challenging. Home prices in 08514 are now at a median cost of $486,108, higher than the New Jersey average of $388,929.
The average cost of rent is $1,631/mo in 08514, primarily driven by the current value of real estate in the 08514 area. While nearly 36.01% of residents own their homes outright in 08514, 12.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08514 is $10,702 per month. Households that rent pay about 15.24% of their income on rent here. 08514's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08533, NJ: less expensive homes
- 08501, NJ: equally priced homes
- 08511, NJ: less expensive homes
- 08510, NJ: higher priced homes
- 08562, NJ: less expensive homes
- 08555, NJ: less expensive homes
- 08641, NJ: less expensive homes
- 08515, NJ: equally priced homes
- 08535, NJ: higher priced homes
- 08691, NJ: less expensive homes
Zip Codes with Similar Populations
- 10464, NY: higher priced homes
- 23124, VA: less expensive homes
- 65360, MO: less expensive homes
- 43061, OH: less expensive homes
- 81089, CO: less expensive homes
- 88230, NM: less expensive homes
- 18419, PA: less expensive homes
- 16037, PA: less expensive homes
- 15033, PA: less expensive homes
- 37690, TN: less expensive homes
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