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Affordable
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These days, finding an affordable place to live in the 08882 area can be challenging. Home prices in 08882 are now at a median cost of $430,018, lower than the New Jersey average of $496,577.
The average cost of rent is $1,607/mo in 08882, primarily driven by the current value of real estate in the 08882 area. In 08882, 34.36% of households rent, and 39.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08882 is $8,860 per month. Households that rent pay about 18.14% of their income on rent here. 08882’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 08872, NJ: equally priced homes
- 08816, NJ: higher priced homes
- 08850, NJ: higher priced homes
- 08884, NJ: less expensive homes
- 08859, NJ: equally priced homes
- 08857, NJ: higher priced homes
- 08904, NJ: higher priced homes
- 08901, NJ: equally priced homes
- 08828, NJ: less expensive homes
- 08817, NJ: equally priced homes
Zip Codes with Similar Populations
- 30620, GA: less expensive homes
- 54660, WI: less expensive homes
- 62035, IL: less expensive homes
- 01106, MA: equally priced homes
- 62223, IL: less expensive homes
- 67460, KS: less expensive homes
- 68028, NE: equally priced homes
- 75474, TX: less expensive homes
- 75652, TX: less expensive homes
- 79029, TX: less expensive homes
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