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These days, finding an affordable place to live in the 08802 area can be challenging. Home prices in 08802 are now at a median cost of $461,460, lower than the New Jersey average of $496,577.
The average cost of rent is $1,634/mo in 08802, primarily driven by the current value of real estate in the 08802 area. In 08802, 5.92% of households rent, and 34.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08802 is $11,349 per month. Households that rent pay about 14.40% of their income on rent here. 08802’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
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Zip Codes with Similar Populations
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