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These days, finding an affordable place to live in the 08823 area can be challenging. Home prices in 08823 are now at a median cost of $343,209, lower than the New Jersey average of $388,929.
The average cost of rent is $2,035/mo in 08823, primarily driven by the current value of real estate in the 08823 area. While nearly 28.29% of residents own their homes outright in 08823, 33.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08823 is $8,782 per month. Households that rent pay about 23.17% of their income on rent here. 08823's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 08824, NJ: higher priced homes
- 08852, NJ: higher priced homes
- 08902, NJ: equally priced homes
- 08810, NJ: higher priced homes
- 08502, NJ: higher priced homes
- 08873, NJ: equally priced homes
- 08528, NJ: higher priced homes
- 08553, NJ: higher priced homes
- 08850, NJ: equally priced homes
- 08844, NJ: higher priced homes
Zip Codes with Similar Populations
- 60416, IL: less expensive homes
- 33540, FL: less expensive homes
- 33931, FL: equally priced homes
- 34428, FL: less expensive homes
- 34429, FL: less expensive homes
- 35127, AL: less expensive homes
- 35759, AL: less expensive homes
- 37841, TN: less expensive homes
- 38570, TN: less expensive homes
- 38852, MS: less expensive homes
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