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These days, finding an affordable place to live in the 08809 area can be challenging. Home prices in 08809 are now at a median cost of $432,750, lower than the New Jersey average of $496,577.
The average cost of rent is $1,940/mo in 08809, primarily driven by the current value of real estate in the 08809 area. In 08809, 24.88% of households rent, and 27.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08809 is $12,145 per month. Households that rent pay about 15.98% of their income on rent here. 08809’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
- 08801, NJ: higher priced homes
- 08829, NJ: less expensive homes
- 08827, NJ: equally priced homes
- 08867, NJ: higher priced homes
- 08833, NJ: higher priced homes
- 08826, NJ: equally priced homes
- 08802, NJ: equally priced homes
- 07830, NJ: higher priced homes
- 08889, NJ: higher priced homes
- 07882, NJ: less expensive homes
Zip Codes with Similar Populations
- 74020, OK: less expensive homes
- 30176, GA: less expensive homes
- 30817, GA: less expensive homes
- 35748, AL: less expensive homes
- 40360, KY: less expensive homes
- 41179, KY: less expensive homes
- 42437, KY: less expensive homes
- 50213, IA: less expensive homes
- 55302, MN: less expensive homes
- 60135, IL: less expensive homes
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