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These days, finding an affordable place to live in the 08854 area can be challenging. Home prices in 08854 are now at a median cost of $450,389, lower than the New Jersey average of $496,577.
The average cost of rent is $2,168/mo in 08854, primarily driven by the current value of real estate in the 08854 area. In 08854, 36.34% of households rent, and 31.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08854 is $11,489 per month. Households that rent pay about 18.87% of their income on rent here. 08854’s most expensive areas are in the southeastern 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
- 08846, NJ: equally priced homes
- 07080, NJ: equally priced homes
- 08812, NJ: equally priced homes
- 07063, NJ: less expensive homes
- 08880, NJ: less expensive homes
- 08904, NJ: higher priced homes
- 08817, NJ: equally priced homes
- 08805, NJ: equally priced homes
- 08901, NJ: less expensive homes
- 08873, NJ: equally priced homes
Zip Codes with Similar Populations
- 44060, OH: less expensive homes
- 92647, CA: higher priced homes
- 60016, IL: less expensive homes
- 30114, GA: equally priced homes
- 92223, CA: higher priced homes
- 37027, TN: higher priced homes
- 37129, TN: equally priced homes
- 37167, TN: less expensive homes
- 43130, OH: less expensive homes
- 00956, PR: less expensive homes
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