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08620 Zip Code Housing

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As of 2010-2014, median price of a house in 08620 Zip Code is $282,800, which is lower than the state average of $319,900 and is much higher than the national average of $175,700. The 08620 Zip Code median house value has grown by 94.77% since 2000. The growth rate for the price of a house in 08620 Zip Code is 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 08620 Zip Code was built is 1963, which is older 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 3,489 Owner Occupied Houses in 08620 Zip Code, see rank

08620 Zip Code	282,800 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

08620 Zip Code	94.77%
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

	08620 Zip Code	New Jersey	U.S.
Total Housing Units	4,634, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	4,327, 93.38%, see rank	89.26%	87.55%
Owner Occupied	3,489, 75.29%, see rank	58.06%	56.34%
Renter Occupied	838, 18.08%, see rank	31.20%	31.21%
Vacant Housing Units	307, 6.62%, see rank	10.74%	12.45%
For Rent	199, 4.29%, see rank	2.18%	2.34%
For Sale Only	44, 0.95%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	64, 1.38%, see rank	3.11%	4.00%

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

Year Structure Built

Median Built Year, #294

08620 Zip Code	New Jersey	U.S.
1963	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

	08620 Zip Code	%	New Jersey	U.S.
Owner-Occupied Units	3,489	100%	2,073,915	74,787,460
With a Mortgage	2,482	71.14%, see rank	69.83%	65.58%
Without a Mortgage	1,007	28.86%, 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

08620 Zip Code	2,213 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	08620 Zip Code	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	0	0.00%, see rank	0.83%	5.01%
$700 to $999	39	1.57%, see rank	2.80%	14.32%
$1,000 to $1,499	267	10.76%, see rank	11.13%	27.90%
$1,500 to $1,999	681	27.44%, see rank	17.94%	20.35%
$2,000 to $2,999	1,047	42.18%, see rank	36.29%	19.52%
$3,000 or More	448	18.05%, see rank	30.63%	11.12%

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

08620 Zip Code	27.10% 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

	08620 Zip Code	%	New Jersey	U.S.
10% or Less	64	2.58%, see rank	3.98%	5.86%
10% to 20%	583	23.49%, see rank	23.73%	31.95%
20% to 30%	852	34.33%, see rank	28.42%	27.64%
30% to 40%	573	23.09%, see rank	16.62%	13.74%
40% or More	410	16.52%, 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

08620 Zip Code	888 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	08620 Zip Code	%	New Jersey	U.S.
$199 or Less	0	0.00%, see rank	1.19%	7.76%
$200 to $299	16	1.59%, see rank	1.66%	14.70%
$300 to $499	28	2.78%, see rank	6.42%	34.63%
$500 to $699	93	9.24%, see rank	13.17%	21.16%
$700 or More	870	86.40%, see rank	77.56%	21.75%

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

08620 Zip Code	16.00% 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

	08620 Zip Code	%	New Jersey	U.S.
10% or Less	244	24.23%, see rank	21.71%	40.19%
10% to 20%	386	38.33%, see rank	32.37%	31.47%
20% to 30%	205	20.36%, see rank	16.94%	12.24%
30% to 40%	80	7.94%, see rank	9.46%	5.64%
40% or More	92	9.14%, 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

	08620 Zip Code	New Jersey	U.S.
Total Housing Units	4,634, 100%	3,572,138	132,741,033
1-unit, Detached	3,683, 79.48%, see rank	53.67%	61.65%
1-unit, Attached	170, 3.67%, see rank	9.26%	5.82%
2 Units	140, 3.02%, see rank	9.53%	3.75%
3 or 4 Units	148, 3.19%, see rank	6.43%	4.43%
5 to 9 Units	112, 2.42%, see rank	4.80%	4.78%
10 or More Units	381, 8.22%, 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

	08620 Zip Code	New Jersey	U.S.
Total Housing Units	4,634, 100%	3,572,138	132,741,033
1 Room	49, 1.06%, see rank	2.71%	1.95%
2 Rooms	7, 0.15%, see rank	2.15%	2.48%
3 Rooms	258, 5.57%, see rank	10.30%	9.13%
4 Rooms	588, 12.69%, see rank	15.19%	16.60%
5 Rooms	396, 8.55%, see rank	16.72%	20.41%
6 Rooms	1,070, 23.09%, see rank	16.15%	18.06%
7 Rooms	889, 19.18%, see rank	12.48%	12.27%
8 Rooms	665, 14.35%, see rank	10.49%	8.48%
9 Rooms or More	712, 15.36%, see rank	13.81%	10.60%
Median Rooms	6.50, see rank	5.70	5.50

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

Bedrooms

	08620 Zip Code	New Jersey	U.S.
Total Housing Units	4,634, 100%	3,572,138	132,741,033
No Bedroom	49, 1.06%, see rank	2.88%	2.17%
1 Bedroom	505, 10.90%, see rank	14.18%	11.16%
2 Bedrooms	689, 14.87%, see rank	25.93%	26.69%
3 Bedrooms	1,931, 41.67%, see rank	32.62%	39.70%
4 Bedrooms	1,224, 26.41%, see rank	18.83%	16.05%
5 or More Bedrooms	236, 5.09%, see rank	5.56%	4.22%

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

House Heating Fuel

	08620 Zip Code	New Jersey	U.S.
Total Housing Units	4,327, 100%	3,188,498	116,211,092
Utility Gas	3,644, 84.22%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	115, 2.66%, see rank	1.94%	4.86%
Electricity	214, 4.95%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	321, 7.42%, 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	22, 0.51%, see rank	0.32%	0.47%
No Fuel Used	11, 0.25%, see rank	0.32%	1.00%

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

Gross Rent

Monthly Rental	08620 Zip Code	New Jersey	U.S.
Occupied Units Paying Rent	783, 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	29, 3.70%, see rank	3.86%	7.37%
$500 to $699	34, 4.34%, see rank	4.64%	16.01%
$700 to $999	189, 24.14%, see rank	19.19%	29.17%
$1,000 to $1,499	437, 55.81%, see rank	40.89%	26.88%
$1,500 to $1,999	66, 8.43%, see rank	17.11%	9.79%
$2,000 or More	28, 3.58%, see rank	9.81%	6.10%
Median	$1,089, see rank	$1,188	$920

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

Vehicle Available

	08620 Zip Code	New Jersey	U.S.
Occupied Housing Units	4,327, 100%	3,188,498	116,211,092
No Vehicles Available	147, 3.40%, see rank	11.70%	9.12%
1 Vehicles Available	1,007, 23.27%, see rank	34.71%	33.80%
2 Vehicles Available	1,908, 44.10%, see rank	36.16%	37.48%
3 or More Vehicles Available	1,265, 29.24%, see rank	17.43%	19.61%

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