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Affordable
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These days, finding an affordable place to live in the 08822 area can be challenging. Home prices in 08822 are now at a median cost of $538,964, higher than the New Jersey average of $496,577.
The average cost of rent is $1,685/mo in 08822, primarily driven by the current value of real estate in the 08822 area. In 08822, 19.40% of households rent, and 32.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08822 is $13,014 per month. Households that rent pay about 12.95% of their income on rent here. 08822’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 08887, NJ: less expensive homes
- 08551, NJ: higher priced homes
- 08853, NJ: higher priced homes
- 08889, NJ: equally priced homes
- 08867, NJ: equally priced homes
- 08559, NJ: equally priced homes
- 08801, NJ: equally priced homes
- 08821, NJ: higher priced homes
- 08833, NJ: higher priced homes
- 08809, NJ: less expensive homes
Zip Codes with Similar Populations
- 34142, FL: less expensive homes
- 32086, FL: less expensive homes
- 33325, FL: less expensive homes
- 63146, MO: less expensive homes
- 60099, IL: less expensive homes
- 55411, MN: less expensive homes
- 55347, MN: equally priced homes
- 76036, TX: less expensive homes
- 50014, IA: less expensive homes
- 85031, AZ: less expensive homes
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