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Newport CDP, NJ

ZIP 08345 — 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 08345

Median Home Value
$196,700
Median Rent
$1,047
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,264/mo PITI).

20%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

15.7 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 08345 in Newport CDP, NJ, a household would need roughly $54,000 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 $1,264. That sits below the local median household income ($64,076), 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

Vacancy rate 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.6%+40% vs US avg
x
Vacancy Rate
22.6%+120% vs US avg
x
Broadband Access
84.1%-3% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
2.8%-59% vs US avg
x
Rent Burden >30%
28.1%-43% vs US avg
x
Mortgage-Free
51.6%+35% vs US avg
x
$196,700
Home Value
$1,047
Rent
1966
Year Built
1995
Moved In

Residents have lived here since ~1995 on average

Housing Structure

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

  • 1-unit detached83.6%
  • 1-unit attached1.2%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other15.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$196,700
Median rent$1,047
Owner-occupied91.6%
Vacant22.6%
Price-to-income3.1x
Est. income to buy$54,000