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These days, finding an affordable place to live in the 08804 area can be challenging. Home prices in 08804 are now at a median cost of $453,344, lower than the New Jersey average of $496,577.
The average cost of rent is $1,771/mo in 08804, primarily driven by the current value of real estate in the 08804 area. In 08804, 16.74% of households rent, and 31.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08804 is $11,697 per month. Households that rent pay about 15.14% of their income on rent here. 08804’s most expensive areas are in the northwestern 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
- 08886, NJ: equally priced homes
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Zip Codes with Similar Populations
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