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Affordable
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These days, finding an affordable place to live in the 08827 area can be challenging. Home prices in 08827 are now at a median cost of $449,903, lower than the New Jersey average of $496,577.
The average cost of rent is $1,538/mo in 08827, primarily driven by the current value of real estate in the 08827 area. In 08827, 13.03% of households rent, and 30.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08827 is $11,310 per month. Households that rent pay about 13.60% of their income on rent here. 08827’s most expensive areas are in the southern 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
- 08802, NJ: equally priced homes
- 08826, NJ: equally priced homes
- 08809, NJ: equally priced homes
- 08829, NJ: less expensive homes
- 07882, NJ: less expensive homes
- 08801, NJ: higher priced homes
- 08867, NJ: higher priced homes
- 08804, NJ: equally priced homes
- 08886, NJ: equally priced homes
- 08833, NJ: higher priced homes
Zip Codes with Similar Populations
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- 24279, VA: less expensive homes
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- 22844, VA: less expensive homes
- 21817, MD: less expensive homes
- 20106, VA: higher priced homes
- 19539, PA: less expensive homes
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