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Affordable
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These days, finding an affordable place to live in the 08867 area can be challenging. Home prices in 08867 are now at a median cost of $583,855, higher than the New Jersey average of $496,577.
The average cost of rent is $1,878/mo in 08867, primarily driven by the current value of real estate in the 08867 area. In 08867, 6.91% of households rent, and 36.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08867 is $15,996 per month. Households that rent pay about 11.74% of their income on rent here. 08867’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 08809, NJ: less expensive homes
- 08801, NJ: equally priced homes
- 08825, NJ: less expensive homes
- 08802, NJ: less expensive homes
- 08827, NJ: less expensive homes
- 08848, NJ: less expensive homes
- 08829, NJ: less expensive homes
- 08822, NJ: equally priced homes
- 08804, NJ: less expensive homes
- 08833, NJ: equally priced homes
Zip Codes with Similar Populations
- 01741, MA: higher priced homes
- 01944, MA: higher priced homes
- 54727, WI: less expensive homes
- 48005, MI: less expensive homes
- 48881, MI: less expensive homes
- 49013, MI: less expensive homes
- 49228, MI: less expensive homes
- 49455, MI: less expensive homes
- 51247, IA: less expensive homes
- 52031, IA: less expensive homes
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