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These days, finding an affordable place to live in the 08863 area can be challenging. Home prices in 08863 are now at a median cost of $320,707, lower than the New Jersey average of $388,929.
The average cost of rent is $1,504/mo in 08863, primarily driven by the current value of real estate in the 08863 area. While nearly 29.23% of residents own their homes outright in 08863, 29.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08863 is $8,969 per month. Households that rent pay about 16.77% of their income on rent here. 08863's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 08837, NJ: higher priced homes
- 08832, NJ: less expensive homes
- 07095, NJ: equally priced homes
- 08840, NJ: higher priced homes
- 08830, NJ: equally priced homes
- 08861, NJ: less expensive homes
- 07077, NJ: equally priced homes
- 07001, NJ: less expensive homes
- 08820, NJ: higher priced homes
- 07067, NJ: higher priced homes
Zip Codes with Similar Populations
- 08534, NJ: higher priced homes
- 39475, MS: less expensive homes
- 76550, TX: less expensive homes
- 32344, FL: less expensive homes
- 32439, FL: equally priced homes
- 33567, FL: less expensive homes
- 75686, TX: less expensive homes
- 33776, FL: higher priced homes
- 33868, FL: less expensive homes
- 35773, AL: less expensive homes
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