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These days, finding an affordable place to live in the 08861 area can be challenging. Home prices in 08861 are now at a median cost of $279,742, lower than the New Jersey average of $388,929.
The average cost of rent is $1,481/mo in 08861, primarily driven by the current value of real estate in the 08861 area. While nearly 32.72% of residents own their homes outright in 08861, 66.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08861 is $5,019 per month. Households that rent pay about 29.52% of their income on rent here. 08861's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 08832, NJ: equally priced homes
- 10307, NY: higher priced homes
- 08863, NJ: higher priced homes
- 07077, NJ: higher priced homes
- 07095, NJ: equally priced homes
- 10309, NY: higher priced homes
- 08879, NJ: higher priced homes
- 08837, NJ: higher priced homes
- 07064, NJ: higher priced homes
- 08830, NJ: equally priced homes
Zip Codes with Similar Populations
- 08527, NJ: higher priced homes
- 21222, MD: less expensive homes
- 37066, TN: equally priced homes
- 85338, AZ: equally priced homes
- 20019, DC: higher priced homes
- 92530, CA: higher priced homes
- 10306, NY: higher priced homes
- 90042, CA: higher priced homes
- 92618, CA: higher priced homes
- 59901, MT: higher priced homes
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