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08403 Zip Code Housing

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As of 2010-2014, median price of a house in 08403 Zip Code is $658,200, which is much higher than the state average of $319,900 and is much higher than the national average of $175,700. The 08403 Zip Code median house value has grown by 132.01% since 2000. The growth rate for the price of a house in 08403 Zip Code is much higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in 08403 Zip Code was built is 1971, which is newer than the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 496 Owner Occupied Houses in 08403 Zip Code, see rank

08403 Zip Code	658,200 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08403 Zip Code	132.01%
New Jersey	87.30%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	08403 Zip Code	New Jersey	U.S.
Total Housing Units	1,737, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	558, 32.12%, see rank	89.26%	87.55%
Owner Occupied	496, 28.55%, see rank	58.06%	56.34%
Renter Occupied	62, 3.57%, see rank	31.20%	31.21%
Vacant Housing Units	1,179, 67.88%, see rank	10.74%	12.45%
For Rent	22, 1.27%, see rank	2.18%	2.34%
For Sale Only	34, 1.96%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	18, 1.04%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	1,090, 62.75%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	15, 0.86%, see rank	3.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #191

08403 Zip Code	New Jersey	U.S.
1971	1966	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	08403 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	496	100%	2,073,915	74,787,460
With a Mortgage	216	43.55%, see rank	69.83%	65.58%
Without a Mortgage	280	56.45%, see rank	30.17%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

08403 Zip Code	2,472 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08403 Zip Code	%	New Jersey	U.S.
$299 or Less	3	1.39%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	3	1.39%, see rank	0.83%	5.01%
$700 to $999	3	1.39%, see rank	2.80%	14.32%
$1,000 to $1,499	35	16.20%, see rank	11.13%	27.90%
$1,500 to $1,999	30	13.89%, see rank	17.94%	20.35%
$2,000 to $2,999	75	34.72%, see rank	36.29%	19.52%
$3,000 or More	67	31.02%, see rank	30.63%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08403 Zip Code	26.50% of the Total Income
New Jersey	27.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08403 Zip Code	%	New Jersey	U.S.
10% or Less	24	11.11%, see rank	3.98%	5.86%
10% to 20%	54	25.00%, see rank	23.73%	31.95%
20% to 30%	42	19.44%, see rank	28.42%	27.64%
30% to 40%	24	11.11%, see rank	16.62%	13.74%
40% or More	72	33.33%, see rank	26.85%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

08403 Zip Code	906 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08403 Zip Code	%	New Jersey	U.S.
$199 or Less	0	0.00%, see rank	1.19%	7.76%
$200 to $299	0	0.00%, see rank	1.66%	14.70%
$300 to $499	20	7.14%, see rank	6.42%	34.63%
$500 to $699	35	12.50%, see rank	13.17%	21.16%
$700 or More	225	80.36%, see rank	77.56%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

08403 Zip Code	22.60% of the Total Income
New Jersey	18.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	08403 Zip Code	%	New Jersey	U.S.
10% or Less	65	23.21%, see rank	21.71%	40.19%
10% to 20%	58	20.71%, see rank	32.37%	31.47%
20% to 30%	65	23.21%, see rank	16.94%	12.24%
30% to 40%	41	14.64%, see rank	9.46%	5.64%
40% or More	42	15.00%, see rank	18.56%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	08403 Zip Code	New Jersey	U.S.
Total Housing Units	1,737, 100%	3,572,138	132,741,033
1-unit, Detached	1,179, 67.88%, see rank	53.67%	61.65%
1-unit, Attached	47, 2.71%, see rank	9.26%	5.82%
2 Units	60, 3.45%, see rank	9.53%	3.75%
3 or 4 Units	39, 2.25%, see rank	6.43%	4.43%
5 to 9 Units	32, 1.84%, see rank	4.80%	4.78%
10 or More Units	380, 21.88%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	0.98%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	08403 Zip Code	New Jersey	U.S.
Total Housing Units	1,737, 100%	3,572,138	132,741,033
1 Room	22, 1.27%, see rank	2.71%	1.95%
2 Rooms	34, 1.96%, see rank	2.15%	2.48%
3 Rooms	145, 8.35%, see rank	10.30%	9.13%
4 Rooms	184, 10.59%, see rank	15.19%	16.60%
5 Rooms	244, 14.05%, see rank	16.72%	20.41%
6 Rooms	348, 20.03%, see rank	16.15%	18.06%
7 Rooms	241, 13.87%, see rank	12.48%	12.27%
8 Rooms	237, 13.64%, see rank	10.49%	8.48%
9 Rooms or More	282, 16.23%, see rank	13.81%	10.60%
Median Rooms	6.20, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	08403 Zip Code	New Jersey	U.S.
Total Housing Units	1,737, 100%	3,572,138	132,741,033
No Bedroom	25, 1.44%, see rank	2.88%	2.17%
1 Bedroom	157, 9.04%, see rank	14.18%	11.16%
2 Bedrooms	355, 20.44%, see rank	25.93%	26.69%
3 Bedrooms	466, 26.83%, see rank	32.62%	39.70%
4 Bedrooms	484, 27.86%, see rank	18.83%	16.05%
5 or More Bedrooms	250, 14.39%, see rank	5.56%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	08403 Zip Code	New Jersey	U.S.
Total Housing Units	558, 100%	3,188,498	116,211,092
Utility Gas	450, 80.65%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	1.94%	4.86%
Electricity	99, 17.74%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	6, 1.08%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	0.44%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.32%	0.47%
No Fuel Used	3, 0.54%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	08403 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	53, 100%	1,077,463	39,201,928
$199 or Less	0, 0.00%, see rank	1.46%	1.50%
$200 to $299	0, 0.00%, see rank	3.04%	3.18%
$300 to $499	0, 0.00%, see rank	3.86%	7.37%
$500 to $699	0, 0.00%, see rank	4.64%	16.01%
$700 to $999	8, 15.09%, see rank	19.19%	29.17%
$1,000 to $1,499	5, 9.43%, see rank	40.89%	26.88%
$1,500 to $1,999	28, 52.83%, see rank	17.11%	9.79%
$2,000 or More	12, 22.64%, see rank	9.81%	6.10%
Median	$1,741, see rank	$1,188	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	08403 Zip Code	New Jersey	U.S.
Occupied Housing Units	558, 100%	3,188,498	116,211,092
No Vehicles Available	55, 9.86%, see rank	11.70%	9.12%
1 Vehicles Available	263, 47.13%, see rank	34.71%	33.80%
2 Vehicles Available	187, 33.51%, see rank	36.16%	37.48%
3 or More Vehicles Available	53, 9.50%, see rank	17.43%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.