Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08640 area can be challenging. Home prices in 08640 are now at a median cost of $272,158, lower than the New Jersey average of $388,929.
The average cost of rent is $2,471/mo in 08640, primarily driven by the current value of real estate in the 08640 area. While nearly 31.70% of residents own their homes outright in 08640, 94.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08640 is $7,689 per month. Households that rent pay about 32.14% of their income on rent here. 08640's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08042, NJ: higher priced homes
- 08064, NJ: less expensive homes
- 08068, NJ: less expensive homes
- 08641, NJ: equally priced homes
- 08041, NJ: higher priced homes
- 08015, NJ: less expensive homes
- 08562, NJ: less expensive homes
- 08511, NJ: less expensive homes
- 08022, NJ: higher priced homes
- 08060, NJ: equally priced homes
Zip Codes with Similar Populations
- 45817, OH: less expensive homes
- 17370, PA: less expensive homes
- 93022, CA: higher priced homes
- 87901, NM: less expensive homes
- 87313, NM: less expensive homes
- 86351, AZ: higher priced homes
- 25306, WV: less expensive homes
- 85622, AZ: less expensive homes
- 27954, NC: higher priced homes
- 27962, NC: less expensive homes
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