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These days, finding an affordable place to live in the 08859 area can be challenging. Home prices in 08859 are now at a median cost of $464,622, lower than the New Jersey average of $496,577.
The average cost of rent is $1,788/mo in 08859, primarily driven by the current value of real estate in the 08859 area. In 08859, 41.10% of households rent, and 39.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08859 is $8,745 per month. Households that rent pay about 20.45% of their income on rent here. 08859’s most expensive areas are in the northeastern 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
- 08879, NJ: less expensive homes
- 08872, NJ: equally priced homes
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- 08861, NJ: less expensive homes
- 10307, NY: higher priced homes
- 07747, NJ: equally priced homes
- 08857, NJ: higher priced homes
- 08863, NJ: equally priced homes
Zip Codes with Similar Populations
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- 90068, CA: higher priced homes
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