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These days, finding an affordable place to live in the 08902 area can be challenging. Home prices in 08902 are now at a median cost of $443,644, lower than the New Jersey average of $496,577.
The average cost of rent is $2,014/mo in 08902, primarily driven by the current value of real estate in the 08902 area. In 08902, 42.89% of households rent, and 33.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 08902 is $10,503 per month. Households that rent pay about 19.17% of their income on rent here. 08902’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 08850, NJ: higher priced homes
- 08901, NJ: less expensive homes
- 08873, NJ: equally priced homes
- 08823, NJ: less expensive homes
- 08824, NJ: higher priced homes
- 08816, NJ: higher priced homes
- 08904, NJ: higher priced homes
- 08852, NJ: higher priced homes
- 08810, NJ: higher priced homes
- 08882, NJ: equally priced homes
Zip Codes with Similar Populations
- 01453, MA: less expensive homes
- 43016, OH: equally priced homes
- 38655, MS: equally priced homes
- 48858, MI: less expensive homes
- 50023, IA: less expensive homes
- 53590, WI: less expensive homes
- 37343, TN: less expensive homes
- 34997, FL: less expensive homes
- 33844, FL: less expensive homes
- 90027, CA: higher priced homes
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