
Expensive
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These days, finding an affordable place to live in the 08831 area can be challenging. Home prices in 08831 are now at a median cost of $429,207, higher than the New Jersey average of $388,929.
The average cost of rent is $1,567/mo in 08831, primarily driven by the current value of real estate in the 08831 area. While nearly 38.71% of residents own their homes outright in 08831, 10.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08831 is $10,899 per month. Households that rent pay about 14.37% of their income on rent here. 08831's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 08828, NJ: less expensive homes
- 08884, NJ: less expensive homes
- 08810, NJ: less expensive homes
- 07726, NJ: higher priced homes
- 08512, NJ: higher priced homes
- 08520, NJ: less expensive homes
- 08535, NJ: higher priced homes
- 08816, NJ: less expensive homes
- 08536, NJ: less expensive homes
- 08852, NJ: less expensive homes
Zip Codes with Similar Populations
- 90813, CA: equally priced homes
- 43302, OH: less expensive homes
- 75061, TX: less expensive homes
- 84119, UT: less expensive homes
- 27529, NC: less expensive homes
- 87105, NM: less expensive homes
- 91745, CA: higher priced homes
- 19382, PA: equally priced homes
- 19020, PA: less expensive homes
- 17601, PA: less expensive homes
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