# ZIP 08638, NJ — housing report

1 metrics over the `5y` change window, ranked against 598 zip regions in NJ.

Between them the metrics reach from 2021-09-30 to 2026-09-30; each one covers its own window, given in the table.

## Metrics

| Metric | Start | Latest | Change | Annualised | Rank | Window |
| --- | ---: | ---: | ---: | ---: | ---: | --- |
| Home value index, houses and condos | $240,930 | $306,188 | +27.1% | 4.9%/yr | 476th of 546 | 2021-09-30 → 2026-09-30 |

Rank 1 is the better end of the cohort as the metric defines better, not always the largest rise.

## Current values

Every metric's most recent reading, ranked against peers by value rather than by change. Metrics published as a single snapshot — the MOD-IV assessment aggregates and HUD's CHAS tables — appear only here, because a change needs two observations.

| Metric | Value | Rank | As of | Source |
| --- | ---: | ---: | --- | --- |
| People per household | 2.43 ± 0.15 | 231st–528th of 594 (toward the bottom) | 2024-12-31 | census_acs |
| Commutes of an hour or more | 9.3% ± 3.8 points | — | 2024-12-31 | census_acs |
| Workers driving alone | 66.8% ± 4.1 points | — | 2024-12-31 | census_acs |
| Workers commuting by transit | 7.7% ± 3.8 points | 62nd–326th of 594 (toward the top) | 2024-12-31 | census_acs |
| Workers walking to work | 3.1% ± 1.8 points | — | 2024-12-31 | census_acs |
| People with a disability | 13.6% ± 2.1 points | 32nd–315th of 597 (toward the top) | 2024-12-31 | census_acs |
| Heated with electricity | 18.0% ± 3.2 points | — | 2024-12-31 | census_acs |
| Heated with utility gas | 70.0% ± 4.6 points | — | 2024-12-31 | census_acs |
| Heated with oil | 9.7% ± 3.1 points | — | 2024-12-31 | census_acs |
| Heated another way, or not at all | 1.0% ± 0.8 points | — | 2024-12-31 | census_acs |
| Heated with propane | 1.3% ± 0.8 points | — | 2024-12-31 | census_acs |
| Homeownership rate | 58.0% ± 4.4 points | 425th–506th of 595 (near the bottom) | 2024-12-31 | census_acs |
| Homeowner vacancy rate | 1.0% (0.0% to 2.3%) | 8th–591st of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes, all housing units | 10,053 ± 478 | — | 2024-12-31 | census_acs |
| Students at private schools, grades 9 to 12 | 7.8% ± 4.9 points | 58th–550th of 570 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools | 11.6% ± 3.8 points | 42nd–451st of 579 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools, kindergarten to grade 8 | 14.5% ± 5.5 points | 21st–388th of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without a complete kitchen | 1.0% ± 0.7 points | 53rd–527th highest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without complete plumbing | 1.5% ± 1.1 points | 9th–353rd highest of 595 (toward the high end) | 2024-12-31 | census_acs |
| Households of one person | 36.6% ± 5.3 points | 9th–203rd of 595 (toward the top) | 2024-12-31 | census_acs |
| Married-couple households | 28.9% ± 3.5 points | — | 2024-12-31 | census_acs |
| Commute, minutes each way | 25.5 min ± 5.3 min | 6th–443rd lowest of 577 (can't be told apart from most) | 2024-12-31 | census_acs |
| Electricity a month, typical home billed for it | $191/mo (no margin available) | — | 2024-12-31 | census_acs |
| Gas a month, typical home billed for it | $86/mo (no margin available) | — | 2024-12-31 | census_acs |
| Median gross rent | $1,593/mo ± $84/mo | 236th–452nd of 541 (toward the bottom) | 2024-12-31 | census_acs |
| Median household income | $66,875 ± $6,861 | 459th–548th of 574 (near the bottom) | 2024-12-31 | census_acs |
| Homeowners insurance a year, typical home with a mortgage | $1,008 (no margin available) | — | 2024-12-31 | census_acs |
| Median owner-occupied home value | $245,100 ± $16,326 | 493rd–538th of 571 (near the bottom) | 2024-12-31 | census_acs |
| Median gross rent, one bedroom | $1,234/mo ± $195/mo | 183rd–420th of 460 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, two bedrooms | $1,654/mo ± $85/mo | 204th–415th of 494 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, three bedrooms | $1,624/mo ± $145/mo | 273rd–466th of 476 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, four or more bedrooms | $1,852/mo ± $132/mo | 126th–283rd of 295 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, studio | $1,210/mo ± $224/mo | 70th–247th of 280 (can't be told apart from most) | 2024-12-31 | census_acs |
| Water and sewer a year, typical home billed for it | $601 (no margin available) | — | 2024-12-31 | census_acs |
| Median year built | 1961 ± 4 | 284th–479th of 567 (toward the bottom) | 2024-12-31 | census_acs |
| Households without a car | 19.2% ± 5.1 points | 37th–120th of 595 (near the top) | 2024-12-31 | census_acs |
| Crowded homes | 1.3% ± 1.2 points | 1st–474th lowest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Owner costs a month, with a mortgage | $2,028/mo ± $124/mo | 424th–513th of 544 (near the bottom) | 2024-12-31 | census_acs |
| Owner costs a month, without a mortgage | $908/mo ± $74/mo | 361st–485th of 506 (near the bottom) | 2024-12-31 | census_acs |
| Owners paying half their income or more | 14.1% ± 4.3 points | 23rd–474th highest of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Total population | 22,816 ± 1,468 | 134th–165th of 598 (near the top) | 2024-12-31 | census_acs |
| Rental vacancy rate | 5.3% ± 4.1 points | 13th–480th of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying over 30% of income on housing | 65.1% ± 11.7 points | 6th–392nd highest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying half their income or more | 34.2% ± 10.6 points | 8th–406th highest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying utilities on top of rent | 81.0% (no margin available) | — | 2024-12-31 | census_acs |
| Rent paid to the landlord, lower quarter | $973/mo ± $190/mo | 263rd–506th of 540 (toward the bottom) | 2024-12-31 | census_acs |
| Rent paid to the landlord, upper quarter | $1,739/mo ± $77/mo | 271st–452nd of 535 (toward the bottom) | 2024-12-31 | census_acs |
| Studios and one-bedroom homes | 13.3% ± 3.4 points | — | 2024-12-31 | census_acs |
| Homes in buildings of 20 or more | 16.2% ± 4.1 points | — | 2024-12-31 | census_acs |
| Homes in buildings of two to four | 5.1% ± 1.9 points | — | 2024-12-31 | census_acs |
| Two-bedroom homes | 30.7% ± 4.0 points | — | 2024-12-31 | census_acs |
| Three-bedroom homes | 38.8% ± 4.5 points | — | 2024-12-31 | census_acs |
| Four or more bedrooms | 17.2% ± 2.5 points | — | 2024-12-31 | census_acs |
| Homes in buildings of five to 19 | 8.8% ± 2.7 points | — | 2024-12-31 | census_acs |
| Townhouses and other attached homes | 22.5% ± 3.4 points | — | 2024-12-31 | census_acs |
| Built 1940 to 1979 | 48.0% ± 5.1 points | — | 2024-12-31 | census_acs |
| Built 1980 to 1999 | 9.6% ± 3.1 points | — | 2024-12-31 | census_acs |
| Built in 2000 or later | 21.9% ± 4.3 points | — | 2024-12-31 | census_acs |
| Built before 1940 | 20.5% ± 3.6 points | — | 2024-12-31 | census_acs |
| Single-family detached homes | 47.3% ± 2.9 points | 419th–493rd of 595 (near the bottom) | 2024-12-31 | census_acs |
| Mobile homes | 0.1% (0.0% to 0.3%) | — | 2024-12-31 | census_acs |
| Vacancy rate | 10.0% ± 2.8 points | 45th–219th of 595 (toward the top) | 2024-12-31 | census_acs |
| Empty for other reasons | 56.4% ± 11.0 points | — | 2024-12-31 | census_acs |
| Empty homes kept for seasonal use | 17.5% ± 13.5 points | — | 2024-12-31 | census_acs |
| Households with children | 26.2% ± 3.5 points | 231st–533rd of 595 (toward the bottom) | 2024-12-31 | census_acs |
| Workers working from home | 11.0% ± 2.9 points | 265th–530th of 594 (toward the bottom) | 2024-12-31 | census_acs |
| Flood insurance claims paid | 2 | — | 2024-12-31 | fema_nfip_claims |
| Flood insurance paid | $16,938 | — | 2024-12-31 | fema_nfip_claims |
| Homes in FEMA's 1% flood zone (count) | 316 | — | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 1% flood zone | 3.1% | 177th lowest of 533 | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 0.2% flood zone | 0.1% | 104th lowest of 533 | 2026-12-31 | fema_nfhl |
| Homes FEMA's flood map determines | 100.0% | — | 2026-12-31 | fema_nfhl |
| Conventional loans, home purchases | 69.3% | — | 2025-12-31 | ffiec_hmda |
| Denials for credit history | 32.4% | — | 2025-12-31 | ffiec_hmda |
| Denials for debt-to-income | 47.5% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase applications denied | 12.6% | — | 2025-12-31 | ffiec_hmda |
| Denials for the home's value | 0.1% | — | 2025-12-31 | ffiec_hmda |
| FHA loans, home purchases | 25.1% | — | 2025-12-31 | ffiec_hmda |
| Median borrower income, home purchases | $105,000 | — | 2025-12-31 | ffiec_hmda |
| Median mortgage, home purchases | $335,000 | — | 2025-12-31 | ffiec_hmda |
| Median loan costs, home purchases | $6,991 | — | 2025-12-31 | ffiec_hmda |
| Median loan-to-value, home purchases | 95.0% | — | 2025-12-31 | ffiec_hmda |
| Median mortgage rate, home purchases | 6.6% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase mortgages made | 139 | — | 2025-12-31 | ffiec_hmda |
| VA loans, home purchases | 5.7% | — | 2025-12-31 | ffiec_hmda |
| Jobs held by residents | 10,976 | — | 2023-12-31 | census_lodes |
| Residents' jobs in their home county | 46.4% | — | 2023-12-31 | census_lodes |
| Residents' jobs in New York City | 4.3% | — | 2023-12-31 | census_lodes |
| Residents' jobs elsewhere in New Jersey | 40.5% | — | 2023-12-31 | census_lodes |
| Residents' jobs in other states | 2.2% | — | 2023-12-31 | census_lodes |
| Residents' jobs in Pennsylvania | 6.7% | — | 2023-12-31 | census_lodes |
| Home heating-oil tank cleanups | 2 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleanup open | 52 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleaned up with controls | 39 | — | 2026-12-31 | njdep_kcsl |
| Homes in the climate-adjusted tidal flood area | 0.0% | lowest of 403 | 2026-12-31 | njdep_cafe |
| Home value to household income | 4.65× ± 0.48× | 134th–382nd highest of 546 (can't be told apart from most) | 2024-12-31 | hip_derived |
| Homes near any transit stop | 76.6% | — | 2026-12-31 | bts_ntm |
| Homes within a quarter mile of a bus stop | 76.6% | — | 2026-12-31 | bts_ntm |
| Homes within half a mile of a rail stop | 0.0% | — | 2026-12-31 | bts_ntm |
| Homes on public water | 100.0% | — | 2026-12-31 | njdep_water_areas |
| Homes on a system with a recent health-based violation | 100.0% | — | 2026-12-31 | epa_sdwis |
| Home value index, houses and condos | $306,188 | 511th of 546 | 2026-09-30 | zillow_zhvi |
| Observed rent index, all homes | $2,190/mo | 240th of 325 | 2026-09-30 | zillow_zori |

## Margins of error

± is a survey figure's 90% margin of error, as the publisher reports it or as its inputs imply: a change's margin is in the change's own terms, and a share's in percentage points. A rank given as a range is where those margins let this region fall — the survey cannot place it more precisely. "no margin available" means the publisher reports none for that figure, which is still an estimate; "no sampling error" means the figure is fixed to another estimate rather than drawn from the sample. A survey figure's annualised change is not shown, because no margin is computed for it.

## Caveats

- ACS 5-year vintages overlap by four years, so consecutive estimates are not independent measurements and short windows understate the real separation.
- Affordability ratios are computed by this platform from two published series, not published by either source. The monthly value or rent series is averaged over the survey year to match the annual income denominator.
- Zillow's rent index begins in 2015 and covers far fewer places than its home-value index, so any rent figure rests on a thinner base — and ranks against a smaller cohort — than a value figure.
- Census survey figures for a ZIP code are measured for its ZCTA, the area the Census builds from census blocks to approximate the ZIP's delivery routes; the two can differ. ZCTA figures begin with the 2016-2020 survey, the first drawn on 2020's ZCTAs, so none shows a five-year change yet.
- ZIP-level values are allocated from Census ZCTAs rather than measured. A ZIP straddling several municipalities is an estimate, not an observation. Allocation weights for this ZIP: hud_res_ratio.
- Some metrics rank this region against fewer peers than the level contains, because not every region carries every metric. Compare ranks only within the cohort size each one reports.

## Sources

| Source | Publisher | Vintage | Retrieved | Releases | Licence |
| --- | --- | --- | --- | ---: | --- |
| National Transit Map — stops | Bureau of Transportation Statistics | current | 2026-10-06 | 1 | Public domain (U.S. Government work) |
| American Community Survey, 5-year estimates | U.S. Census Bureau | 2024 | 2026-10-01 | 11 | Public domain (U.S. Government work) |
| LEHD Origin-Destination Employment Statistics (LODES 8) | U.S. Census Bureau | 2023 | 2026-10-06 | 1 | Public domain (U.S. Government work) |
| Safe Drinking Water Information System — violations | U.S. Environmental Protection Agency | current | 2026-10-03 | 1 | Public domain (U.S. Government work) |
| National Flood Hazard Layer — flood hazard zones | Federal Emergency Management Agency | current | 2026-10-03 | 1 | Public domain (U.S. Government work) |
| NFIP Redacted Claims (v3) | Federal Emergency Management Agency (OpenFEMA) | current | 2026-10-03 | 1 | OpenFEMA Terms and Conditions |
| Home Mortgage Disclosure Act data (HMDA) | Consumer Financial Protection Bureau (FFIEC) | 2025 | 2026-10-07 | 1 | Public domain (U.S. Government work) |
| Computed by the platform | Housing Intelligence Platform | b8440bf3c940acf7 | 2026-10-22 | 1 | Derived from cited sources |
| Tidal Climate Adjusted Flood Elevation (sea-level rise 4 ft) | New Jersey Department of Environmental Protection | current | 2026-10-03 | 1 | NJDEP Data Distribution Agreement |
| Known Contaminated Sites List | New Jersey Department of Environmental Protection | current | 2026-10-16 | 1 | NJDEP Data Distribution Agreement |
| Public Community Water Purveyor Service Areas | New Jersey Department of Environmental Protection | current | 2026-10-03 | 1 | NJDEP Data Distribution Agreement |
| Zillow Home Value Index | Zillow Research | current | 2026-10-19 | 1 | Free for non-commercial use with attribution |
| Zillow Observed Rent Index | Zillow Research | current | 2026-10-19 | 1 | Free for non-commercial use with attribution |

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Generated from analysis packet `1.7` for region `2933` (GEOID `08638`). Every figure is read from the housing warehouse and produced by the sources above, subject to the caveats. Nothing in this report is model-generated.

## Terms and notices

Not for commercial use: Home value index, houses and condos, Home value to household income, Observed rent index, all homes come from, or are calculated from, data licensed for non-commercial use with attribution.

Data Provided by Zillow Group.

Source: Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, https://ffiec.cfpb.gov/

This (map/publication/report) was developed using New Jersey Department of Environmental Protection Geographic Information System digital data, but this secondary product has not been verified by NJDEP and is not state-authorized or endorsed.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

This product uses the Federal Emergency Management Agency's OpenFEMA API, but is not endorsed by FEMA. The Federal Government or FEMA cannot vouch for the data or analyses derived from these data.

U.S. Census Bureau, LEHD Origin-Destination Employment Statistics, version 8, https://lehd.ces.census.gov/data/lodes