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Affordable
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These days, finding an affordable place to live in the 08527 area can be challenging. Home prices in 08527 are now at a median cost of $507,784, higher than the New Jersey average of $496,577.
The average cost of rent is $2,054/mo in 08527, primarily driven by the current value of real estate in the 08527 area. In 08527, 12.98% of households rent, and 36.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08527 is $10,087 per month. Households that rent pay about 20.36% of their income on rent here. 08527’s most expensive areas are in the northern 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
- 07731, NJ: equally priced homes
- 08701, NJ: higher priced homes
- 08510, NJ: higher priced homes
- 08733, NJ: less expensive homes
- 07728, NJ: equally priced homes
- 08755, NJ: equally priced homes
- 07727, NJ: higher priced homes
- 08514, NJ: higher priced homes
- 08724, NJ: less expensive homes
- 08535, NJ: higher priced homes
Zip Codes with Similar Populations
- 10306, NY: higher priced homes
- 85338, AZ: less expensive homes
- 96744, HI: higher priced homes
- 21222, MD: less expensive homes
- 90042, CA: higher priced homes
- 33414, FL: higher priced homes
- 43230, OH: less expensive homes
- 44077, OH: less expensive homes
- 22003, VA: higher priced homes
- 23454, VA: less expensive homes
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