Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 08840 area can be challenging. Home prices in 08840 are now at a median cost of $458,293, higher than the New Jersey average of $388,929.
The average cost of rent is $1,948/mo in 08840, primarily driven by the current value of real estate in the 08840 area. While nearly 34.96% of residents own their homes outright in 08840, 23.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08840 is $11,130 per month. Households that rent pay about 17.51% of their income on rent here. 08840's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 08837, NJ: less expensive homes
- 08863, NJ: less expensive homes
- 08820, NJ: higher priced homes
- 08817, NJ: less expensive homes
- 08830, NJ: less expensive homes
- 08832, NJ: less expensive homes
- 07095, NJ: less expensive homes
- 07080, NJ: less expensive homes
- 07067, NJ: less expensive homes
- 08861, NJ: less expensive homes
Zip Codes with Similar Populations
- 94945, CA: higher priced homes
- 07114, NJ: less expensive homes
- 40962, KY: less expensive homes
- 58401, ND: less expensive homes
- 34695, FL: less expensive homes
- 36527, AL: less expensive homes
- 37179, TN: equally priced homes
- 37766, TN: less expensive homes
- 43952, OH: less expensive homes
- 48386, MI: less expensive homes
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