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Affordable
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These days, finding an affordable place to live in the 08884 area can be challenging. Home prices in 08884 are now at a median cost of $373,618, lower than the New Jersey average of $496,577.
The average cost of rent is $897/mo in 08884, primarily driven by the current value of real estate in the 08884 area. In 08884, 13.84% of households rent, and 45.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08884 is $10,098 per month. Households that rent pay about 8.88% of their income on rent here. 08884’s most expensive areas are in the southern 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
- 08828, NJ: equally priced homes
- 08816, NJ: higher priced homes
- 08882, NJ: higher priced homes
- 08857, NJ: higher priced homes
- 08850, NJ: higher priced homes
- 08872, NJ: higher priced homes
- 08831, NJ: higher priced homes
- 08902, NJ: higher priced homes
- 08810, NJ: higher priced homes
- 08859, NJ: higher priced homes
Zip Codes with Similar Populations
- 47872, IN: less expensive homes
- 74848, OK: less expensive homes
- 71671, AR: less expensive homes
- 65625, MO: less expensive homes
- 63334, MO: less expensive homes
- 60401, IL: less expensive homes
- 59804, MT: higher priced homes
- 59725, MT: less expensive homes
- 59330, MT: less expensive homes
- 56378, MN: less expensive homes
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