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Affordable
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These days, finding an affordable place to live in the 08872 area can be challenging. Home prices in 08872 are now at a median cost of $464,810, lower than the New Jersey average of $496,577.
The average cost of rent is $1,815/mo in 08872, primarily driven by the current value of real estate in the 08872 area. In 08872, 40.38% of households rent, and 49.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08872 is $9,382 per month. Households that rent pay about 19.34% of their income on rent here. 08872’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
- 08882, NJ: equally priced homes
- 08859, NJ: equally priced homes
- 08816, NJ: higher priced homes
- 08879, NJ: less expensive homes
- 08857, NJ: higher priced homes
- 08850, NJ: equally priced homes
- 08884, NJ: less expensive homes
- 08817, NJ: less expensive homes
- 08832, NJ: less expensive homes
- 08904, NJ: equally priced homes
Zip Codes with Similar Populations
- 33430, FL: less expensive homes
- 06801, CT: equally priced homes
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- 02170, MA: higher priced homes
- 44113, OH: less expensive homes
- 47265, IN: less expensive homes
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