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Affordable
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These days, finding an affordable place to live in the 08853 area can be challenging. Home prices in 08853 are now at a median cost of $731,009, higher than the New Jersey average of $496,577.
The average cost of rent is $2,097/mo in 08853, primarily driven by the current value of real estate in the 08853 area. In 08853, 14.82% of households rent, and 30.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08853 is $16,950 per month. Households that rent pay about 12.37% of their income on rent here. 08853’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern 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
- 08887, NJ: less expensive homes
- 08821, NJ: equally priced homes
- 08889, NJ: less expensive homes
- 08876, NJ: less expensive homes
- 08844, NJ: less expensive homes
- 08869, NJ: less expensive homes
- 08822, NJ: less expensive homes
- 08807, NJ: less expensive homes
- 08502, NJ: equally priced homes
- 08835, NJ: less expensive homes
Zip Codes with Similar Populations
- 31569, GA: less expensive homes
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- 39474, MS: less expensive homes
- 74073, OK: less expensive homes
- 35739, AL: less expensive homes
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