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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 $504,976, higher than the New Jersey average of $388,929.
The average cost of rent is $2,033/mo in 08807, primarily driven by the current value of real estate in the 08807 area. While nearly 33.82% of residents own their homes outright in 08807, 16.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08807 is $12,386 per month. Households that rent pay about 16.41% of their income on rent here. 08807's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
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- 08821, NJ: higher priced homes
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Zip Codes with Similar Populations
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- 40219, KY: less expensive homes
- 39047, MS: less expensive homes
- 38116, TN: less expensive homes
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