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Affordable
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These days, finding an affordable place to live in the 08848 area can be challenging. Home prices in 08848 are now at a median cost of $460,548, lower than the New Jersey average of $496,577.
The average cost of rent is $1,465/mo in 08848, primarily driven by the current value of real estate in the 08848 area. In 08848, 9.36% of households rent, and 32.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08848 is $11,071 per month. Households that rent pay about 13.23% of their income on rent here. 08848’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 08804, NJ: equally priced homes
- 18972, PA: equally priced homes
- 08825, NJ: equally priced homes
- 18920, PA: higher priced homes
- 08802, NJ: equally priced homes
- 08867, NJ: higher priced homes
- 18077, PA: equally priced homes
- 08886, NJ: equally priced homes
- 18930, PA: higher priced homes
- 08865, NJ: less expensive homes
Zip Codes with Similar Populations
- 01568, MA: higher priced homes
- 03244, NH: less expensive homes
- 36323, AL: less expensive homes
- 61341, IL: less expensive homes
- 59417, MT: less expensive homes
- 58072, ND: less expensive homes
- 55944, MN: less expensive homes
- 50022, IA: less expensive homes
- 49031, MI: less expensive homes
- 48848, MI: less expensive homes
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