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, NJ

ZIP 08046 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 08046

Median Home Value
$240,000
Median Rent
$1,566
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,542/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 08046 in NJ, a household would need roughly $66,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,542. That sits below the local median household income ($91,447), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
81.7%+25% vs US avg
x
Vacancy Rate
6.4%-38% vs US avg
x
Broadband Access
93.4%+7% vs US avg
x
4+ Bedrooms
4.7%-69% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
22.1%-56% vs US avg
x
Mortgage-Free
25.9%-32% vs US avg
x
$240,000
Home Value
$1,566
Rent
1964
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.1%
  • 1-unit attached7.7%
  • 2-9 units1.8%
  • 10+ units3.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$240,000
Median rent$1,566
Owner-occupied81.7%
Vacant6.4%
Price-to-income2.6x
Est. income to buy$66,000