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These days, finding an affordable place to live in the 08807 area can be challenging. Home prices in 08807 are now at a median cost of $608,282, higher than the New Jersey average of $496,577.
The average cost of rent is $2,367/mo in 08807, primarily driven by the current value of real estate in the 08807 area. In 08807, 16.58% of households rent, and 34.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08807 is $14,711 per month. Households that rent pay about 16.09% of their income on rent here. 08807’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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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