Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08723 area can be challenging. Home prices in 08723 are now at a median cost of $323,603, lower than the New Jersey average of $388,929.
The average cost of rent is $1,727/mo in 08723, primarily driven by the current value of real estate in the 08723 area. While nearly 30.33% of residents own their homes outright in 08723, 19.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08723 is $7,573 per month. Households that rent pay about 22.80% of their income on rent here. 08723's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 08724, NJ: equally priced homes
- 08738, NJ: higher priced homes
- 08742, NJ: higher priced homes
- 08753, NJ: equally priced homes
- 08735, NJ: higher priced homes
- 08701, NJ: higher priced homes
- 08755, NJ: equally priced homes
- 08730, NJ: higher priced homes
- 08736, NJ: higher priced homes
- 08732, NJ: higher priced homes
Zip Codes with Similar Populations
- 34142, FL: less expensive homes
- 95632, CA: higher priced homes
- 48236, MI: equally priced homes
- 91604, CA: higher priced homes
- 22101, VA: higher priced homes
- 30340, GA: less expensive homes
- 71107, LA: less expensive homes
- 44805, OH: less expensive homes
- 01876, MA: higher priced homes
- 50158, IA: less expensive homes
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