# ZIP 08054, NJ — housing report

2 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 | $293,523 | $399,561 | +36.1% | 6.4%/yr | 257th of 546 | 2021-09-30 → 2026-09-30 |
| Observed rent index, all homes | $1,929/mo | $2,404/mo | +24.7% | 4.5%/yr | 52nd of 73 | 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 | 2.33 ± 0.06 | 348th–536th of 594 (toward the bottom) | 2024-12-31 | census_acs |
| Commutes of an hour or more | 10.3% ± 1.7 points | — | 2024-12-31 | census_acs |
| Workers driving alone | 72.9% ± 2.7 points | — | 2024-12-31 | census_acs |
| Workers commuting by transit | 1.6% ± 0.6 points | 256th–536th of 594 (toward the bottom) | 2024-12-31 | census_acs |
| Workers walking to work | 0.6% ± 0.3 points | — | 2024-12-31 | census_acs |
| People with a disability | 9.6% ± 1.2 points | 166th–500th of 597 (can't be told apart from most) | 2024-12-31 | census_acs |
| Heated with electricity | 21.2% ± 2.3 points | — | 2024-12-31 | census_acs |
| Heated with utility gas | 73.2% ± 2.1 points | — | 2024-12-31 | census_acs |
| Heated with oil | 2.9% ± 0.7 points | — | 2024-12-31 | census_acs |
| Heated another way, or not at all | 1.0% ± 0.5 points | — | 2024-12-31 | census_acs |
| Heated with propane | 1.6% ± 0.7 points | — | 2024-12-31 | census_acs |
| Homeownership rate | 77.0% ± 2.1 points | 235th–367th of 595 (near the middle) | 2024-12-31 | census_acs |
| Homeowner vacancy rate | 0.5% (0.0% to 1.0%) | 20th–591st of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes, all housing units | 20,362 ± 550 | — | 2024-12-31 | census_acs |
| Students at private schools, grades 9 to 12 | 4.8% ± 2.9 points | 119th–566th of 570 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools | 4.3% ± 1.8 points | 219th–576th of 579 (toward the bottom) | 2024-12-31 | census_acs |
| Students at private schools, kindergarten to grade 8 | 4.1% ± 2.3 points | 161st–568th of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without a complete kitchen | 0.5% ± 0.4 points | 8th–489th lowest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without complete plumbing | 0.2% ± 0.2 points | 1st–529th lowest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Households of one person | 30.2% ± 3.0 points | 46th–325th of 595 (toward the top) | 2024-12-31 | census_acs |
| Married-couple households | 49.2% ± 1.9 points | — | 2024-12-31 | census_acs |
| Commute, minutes each way | 27.0 min ± 2.0 min | 25th–430th lowest of 577 (can't be told apart from most) | 2024-12-31 | census_acs |
| Electricity a month, typical home billed for it | $185/mo (no margin available) | — | 2024-12-31 | census_acs |
| Gas a month, typical home billed for it | $95/mo (no margin available) | — | 2024-12-31 | census_acs |
| Median gross rent | $2,143/mo ± $85/mo | 40th–207th of 541 (toward the top) | 2024-12-31 | census_acs |
| Median household income | $118,802 ± $5,339 | 151st–343rd of 574 (toward the top) | 2024-12-31 | census_acs |
| Homeowners insurance a year, typical home with a mortgage | $1,159 (no margin available) | — | 2024-12-31 | census_acs |
| Median owner-occupied home value | $357,200 ± $10,904 | 373rd–448th of 571 (toward the bottom) | 2024-12-31 | census_acs |
| Heating oil and other fuels a year, typical home billed for them | $715 (no margin available) | — | 2022-12-31 | census_acs |
| Median gross rent, one bedroom | $1,889/mo ± $124/mo | 24th–147th of 460 (near the top) | 2024-12-31 | census_acs |
| Median gross rent, two bedrooms | $2,113/mo ± $153/mo | 48th–250th of 494 (toward the top) | 2024-12-31 | census_acs |
| Median gross rent, three bedrooms | $2,444/mo ± $225/mo | 52nd–293rd of 476 (toward the top) | 2024-12-31 | census_acs |
| Median gross rent, four or more bedrooms | $2,544/mo ± $358/mo | 32nd–240th of 295 (can't be told apart from most) | 2024-12-31 | census_acs |
| Median gross rent, studio | $2,071/mo ± $274/mo | 8th–91st of 280 (near the top) | 2024-12-31 | census_acs |
| Water and sewer a year, typical home billed for it | $492 (no margin available) | — | 2024-12-31 | census_acs |
| Median year built | 1987 ± 1 | 35th–110th of 567 (near the top) | 2024-12-31 | census_acs |
| Households without a car | 1.7% ± 0.6 points | 305th–585th of 595 (toward the bottom) | 2024-12-31 | census_acs |
| Crowded homes | 1.0% ± 0.6 points | 4th–452nd lowest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Owner costs a month, with a mortgage | $2,338/mo ± $90/mo | 332nd–462nd of 544 (toward the bottom) | 2024-12-31 | census_acs |
| Owner costs a month, without a mortgage | $993/mo ± $47/mo | 314th–456th of 506 (toward the bottom) | 2024-12-31 | census_acs |
| Owners paying half their income or more | 8.7% ± 2.1 points | 22nd–433rd lowest of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Total population | 46,026 ± 45 | 36th–40th of 598 (near the top) | 2024-12-31 | census_acs |
| Rental vacancy rate | 3.1% ± 2.7 points | 19th–543rd of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying over 30% of income on housing | 48.7% ± 9.1 points | 35th–513th lowest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying half their income or more | 24.5% ± 8.0 points | 42nd–512th highest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying utilities on top of rent | 98.8% (no margin available) | — | 2024-12-31 | census_acs |
| Rent paid to the landlord, lower quarter | $1,604/mo ± $47/mo | 32nd–189th of 540 (toward the top) | 2024-12-31 | census_acs |
| Rent paid to the landlord, upper quarter | $2,348/mo ± $101/mo | 66th–224th of 535 (toward the top) | 2024-12-31 | census_acs |
| Studios and one-bedroom homes | 7.2% ± 1.8 points | — | 2024-12-31 | census_acs |
| Homes in buildings of 20 or more | 6.8% ± 1.5 points | — | 2024-12-31 | census_acs |
| Homes in buildings of two to four | 4.4% ± 1.1 points | — | 2024-12-31 | census_acs |
| Two-bedroom homes | 34.5% ± 2.5 points | — | 2024-12-31 | census_acs |
| Three-bedroom homes | 27.9% ± 2.8 points | — | 2024-12-31 | census_acs |
| Four or more bedrooms | 30.4% ± 2.5 points | — | 2024-12-31 | census_acs |
| Homes in buildings of five to 19 | 13.8% ± 1.8 points | — | 2024-12-31 | census_acs |
| Townhouses and other attached homes | 25.2% ± 2.3 points | — | 2024-12-31 | census_acs |
| Built 1940 to 1979 | 27.1% ± 2.8 points | — | 2024-12-31 | census_acs |
| Built 1980 to 1999 | 52.6% ± 2.8 points | — | 2024-12-31 | census_acs |
| Built in 2000 or later | 18.8% ± 2.4 points | — | 2024-12-31 | census_acs |
| Built before 1940 | 1.4% ± 0.6 points | — | 2024-12-31 | census_acs |
| Single-family detached homes | 48.3% ± 1.7 points | 417th–485th of 595 (near the bottom) | 2024-12-31 | census_acs |
| Mobile homes | 1.5% ± 0.5 points | — | 2024-12-31 | census_acs |
| Vacancy rate | 3.5% ± 1.1 points | 154th–530th of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Empty for other reasons | 43.3% ± 17.2 points | — | 2024-12-31 | census_acs |
| Empty homes kept for seasonal use | 4.7% (0.0% to 12.1%) | — | 2024-12-31 | census_acs |
| Households with children | 27.5% ± 2.2 points | 223rd–511th of 595 (toward the bottom) | 2024-12-31 | census_acs |
| Workers working from home | 20.7% ± 1.9 points | 89th–314th of 594 (toward the top) | 2024-12-31 | census_acs |
| Flood insurance claims paid | 1 | — | 2023-12-31 | fema_nfip_claims |
| Flood insurance paid | $1,843 | — | 2023-12-31 | fema_nfip_claims |
| Homes in FEMA's 1% flood zone (count) | 1,254 | — | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 1% flood zone | 6.3% | 216th highest of 533 | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 0.2% flood zone | 2.3% | 178th highest of 533 | 2026-12-31 | fema_nfhl |
| Homes FEMA's flood map determines | 100.0% | — | 2026-12-31 | fema_nfhl |
| Conventional loans, home purchases | 88.6% | — | 2025-12-31 | ffiec_hmda |
| Denials for credit history | 7.1% | — | 2025-12-31 | ffiec_hmda |
| Denials for debt-to-income | 31.0% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase applications denied | 7.9% | — | 2025-12-31 | ffiec_hmda |
| Denials for the home's value | 19.0% | — | 2025-12-31 | ffiec_hmda |
| FHA loans, home purchases | 7.1% | — | 2025-12-31 | ffiec_hmda |
| Median borrower income, home purchases | $130,000 | — | 2025-12-31 | ffiec_hmda |
| Median mortgage, home purchases | $345,000 | — | 2025-12-31 | ffiec_hmda |
| Median loan costs, home purchases | $6,312 | — | 2025-12-31 | ffiec_hmda |
| Median loan-to-value, home purchases | 80.0% | — | 2025-12-31 | ffiec_hmda |
| Median mortgage rate, home purchases | 6.6% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase mortgages made | 482 | — | 2025-12-31 | ffiec_hmda |
| VA loans, home purchases | 4.4% | — | 2025-12-31 | ffiec_hmda |
| Small Area Fair Market Rent, studio | $1,980/mo | — | 2027-09-30 | hud_fmr |
| Small Area Fair Market Rent, one-bedroom | $2,140/mo | — | 2027-09-30 | hud_fmr |
| Small Area Fair Market Rent, two-bedroom | $2,560/mo | — | 2027-09-30 | hud_fmr |
| Small Area Fair Market Rent, three-bedroom | $3,050/mo | — | 2027-09-30 | hud_fmr |
| Small Area Fair Market Rent, four-bedroom | $3,360/mo | — | 2027-09-30 | hud_fmr |
| Jobs held by residents | 22,852 | — | 2023-12-31 | census_lodes |
| Residents' jobs in their home county | 36.0% | — | 2023-12-31 | census_lodes |
| Residents' jobs in New York City | 1.3% | — | 2023-12-31 | census_lodes |
| Residents' jobs elsewhere in New Jersey | 45.3% | — | 2023-12-31 | census_lodes |
| Residents' jobs in other states | 2.3% | — | 2023-12-31 | census_lodes |
| Residents' jobs in Pennsylvania | 15.1% | — | 2023-12-31 | census_lodes |
| Home heating-oil tank cleanups | 3 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleanup open | 24 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleaned up with controls | 14 | — | 2026-12-31 | njdep_kcsl |
| Homes in the climate-adjusted tidal flood area | 1.7% | 196th lowest of 403 | 2026-12-31 | njdep_cafe |
| Home value to household income | 3.16× ± 0.14× | 9th–127th lowest of 546 (among the lowest values) | 2024-12-31 | hip_derived |
| Annual rent to household income | 22.5% ± 1.0 points | 11th–41st lowest of 115 (toward the low end) | 2024-12-31 | hip_derived |
| Homes near any transit stop | 18.5% | — | 2026-12-31 | bts_ntm |
| Homes within a quarter mile of a bus stop | 18.5% | — | 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 | 0.0% | — | 2026-12-31 | epa_sdwis |
| Home value index, houses and condos | $399,561 | 438th of 546 | 2026-09-30 | zillow_zhvi |
| Observed rent index, all homes | $2,404/mo | 198th 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.
- Small Area Fair Market Rents are HUD's rent standard set ZIP code by ZIP code, where HUD prices a metro area that way, and are what vouchers pay against there. They are a benchmark set near the 40th percentile of recent movers' rents, not what this ZIP's renters pay.
- 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 | 2022 | 2026-10-01 | 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 |
| Fair Market Rents | U.S. Department of Housing and Urban Development | 2027 | 2026-10-01 | 1 | Public domain (U.S. Government work) |
| 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 |

---

Generated from analysis packet `1.7` for region `3181` (GEOID `08054`). 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: Annual rent to household income, 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.

This product uses the HUD User Data API but is not endorsed or certified by HUD User.

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