Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08542 area can be challenging. Home prices in 08542 are now at a median cost of $800,091, higher than the New Jersey average of $388,929.
The average cost of rent is $2,167/mo in 08542, primarily driven by the current value of real estate in the 08542 area. While nearly 36.83% of residents own their homes outright in 08542, 53.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08542 is $12,420 per month. Households that rent pay about 17.45% of their income on rent here. 08542's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08544, NJ: higher priced homes
- 08540, NJ: less expensive homes
- 08528, NJ: less expensive homes
- 08553, NJ: less expensive homes
- 08558, NJ: equally priced homes
- 08536, NJ: less expensive homes
- 08550, NJ: less expensive homes
- 08648, NJ: less expensive homes
- 08852, NJ: less expensive homes
- 08525, NJ: less expensive homes
Zip Codes with Similar Populations
- 93202, CA: less expensive homes
- 44436, OH: less expensive homes
- 98339, WA: less expensive homes
- 02668, MA: less expensive homes
- 97396, OR: less expensive homes
- 14719, NY: less expensive homes
- 52653, IA: less expensive homes
- 15473, PA: less expensive homes
- 15314, PA: less expensive homes
- 70730, LA: less expensive homes
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