Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08701 area can be challenging. Home prices in 08701 are now at a median cost of $409,011, higher than the New Jersey average of $388,929.
The average cost of rent is $1,618/mo in 08701, primarily driven by the current value of real estate in the 08701 area. While nearly 33.95% of residents own their homes outright in 08701, 47.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08701 is $4,968 per month. Households that rent pay about 32.57% of their income on rent here. 08701's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08755, NJ: less expensive homes
- 07731, NJ: less expensive homes
- 08724, NJ: less expensive homes
- 08723, NJ: less expensive homes
- 08527, NJ: equally priced homes
- 08720, NJ: higher priced homes
- 08733, NJ: less expensive homes
- 08742, NJ: higher priced homes
- 08753, NJ: less expensive homes
- 08757, NJ: less expensive homes
Zip Codes with Similar Populations
- 77449, TX: less expensive homes
- 60629, IL: less expensive homes
- 11368, NY: higher priced homes
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- 78660, TX: less expensive homes
- 11236, NY: higher priced homes
- 11373, NY: higher priced homes
- 94565, CA: higher priced homes
- 77084, TX: less expensive homes
- 02360, MA: equally priced homes
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