Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 08816 area can be challenging. Home prices in 08816 are now at a median cost of $516,021, higher than the New Jersey average of $496,577.
The average cost of rent is $2,207/mo in 08816, primarily driven by the current value of real estate in the 08816 area. In 08816, 20.33% of households rent, and 37.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08816 is $12,825 per month. Households that rent pay about 17.21% of their income on rent here. 08816’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern 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
- 08882, NJ: less expensive homes
- 08850, NJ: equally priced homes
- 08884, NJ: less expensive homes
- 08828, NJ: less expensive homes
- 08872, NJ: less expensive homes
- 08902, NJ: less expensive homes
- 08901, NJ: less expensive homes
- 08857, NJ: equally priced homes
- 08904, NJ: equally priced homes
- 08859, NJ: less expensive homes
Zip Codes with Similar Populations
- 39110, MS: less expensive homes
- 29073, SC: less expensive homes
- 29910, SC: equally priced homes
- 30252, GA: less expensive homes
- 77493, TX: less expensive homes
- 95240, CA: equally priced homes
- 32164, FL: less expensive homes
- 95008, CA: higher priced homes
- 32712, FL: less expensive homes
- 33126, FL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood