# ZIP 08609, 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 | $141,013 | $207,453 | +47.1% | 8.0%/yr | 43rd 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 | 3.23 ± 0.33 | 4th–128th of 594 (near the top) | 2024-12-31 | census_acs |
| Commutes of an hour or more | 6.4% ± 3.1 points | — | 2024-12-31 | census_acs |
| Workers driving alone | 70.7% ± 7.4 points | — | 2024-12-31 | census_acs |
| Workers commuting by transit | 5.2% ± 2.6 points | 105th–388th of 594 (toward the top) | 2024-12-31 | census_acs |
| Workers walking to work | 1.3% (0.0% to 2.7%) | — | 2024-12-31 | census_acs |
| People with a disability | 13.7% ± 3.1 points | 24th–345th of 597 (toward the top) | 2024-12-31 | census_acs |
| Heated with electricity | 26.1% ± 6.4 points | — | 2024-12-31 | census_acs |
| Heated with utility gas | 65.4% ± 9.2 points | — | 2024-12-31 | census_acs |
| Heated with oil | 6.3% ± 3.6 points | — | 2024-12-31 | census_acs |
| Heated another way, or not at all | 0.7% (0.0% to 1.8%) | — | 2024-12-31 | census_acs |
| Heated with propane | 1.5% (0.0% to 3.1%) | — | 2024-12-31 | census_acs |
| Homeownership rate | 29.8% ± 7.7 points | 530th–579th of 595 (near the bottom) | 2024-12-31 | census_acs |
| Homeowner vacancy rate | 0.0% (0.0% to 1.5%) | 20th–591st of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes, all housing units | 5,248 ± 594 | — | 2024-12-31 | census_acs |
| Students at private schools, grades 9 to 12 | 7.4% (0.0% to 19.2%) | 35th–570th of 570 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools | 6.4% ± 4.7 points | 100th–577th of 579 (can't be told apart from most) | 2024-12-31 | census_acs |
| Students at private schools, kindergarten to grade 8 | 6.0% ± 4.7 points | 88th–568th of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without a complete kitchen | 1.2% ± 0.9 points | 45th–509th highest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Homes without complete plumbing | 1.2% ± 0.9 points | 12th–426th highest of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Households of one person | 24.5% ± 4.3 points | 108th–470th of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Married-couple households | 20.3% ± 7.5 points | — | 2024-12-31 | census_acs |
| Commute, minutes each way | 24.9 min ± 6.5 min | 5th–460th lowest of 577 (can't be told apart from most) | 2024-12-31 | census_acs |
| Electricity a month, typical home billed for it | $203/mo (no margin available) | — | 2024-12-31 | census_acs |
| Gas a month, typical home billed for it | $80/mo (no margin available) | — | 2024-12-31 | census_acs |
| Median gross rent | $1,391/mo ± $126/mo | 337th–509th of 541 (toward the bottom) | 2024-12-31 | census_acs |
| Median household income | $68,238 ± $6,779 | 447th–547th of 574 (near the bottom) | 2024-12-31 | census_acs |
| Homeowners insurance a year, typical home with a mortgage | $1,005 (no margin available) | — | 2024-12-31 | census_acs |
| Median owner-occupied home value | $103,700 ± $55,270 | 554th–571st of 571 (near the bottom) | 2024-12-31 | census_acs |
| Heating oil and other fuels a year, typical home billed for them | $746 (no margin available) | — | 2024-12-31 | census_acs |
| Median gross rent, one bedroom | $1,067/mo ± $73/mo | 287th–432nd of 460 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, two bedrooms | $1,462/mo ± $204/mo | 280th–473rd of 494 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, three bedrooms | $1,733/mo ± $113/mo | 240th–455th of 476 (toward the bottom) | 2024-12-31 | census_acs |
| Median gross rent, four or more bedrooms | $2,085/mo ± $407/mo | 72nd–281st of 295 (can't be told apart from most) | 2024-12-31 | census_acs |
| Median gross rent, studio | $743/mo ± $692/mo | 91st–280th of 280 (can't be told apart from most) | 2024-12-31 | census_acs |
| Water and sewer a year, typical home billed for it | $585 (no margin available) | — | 2024-12-31 | census_acs |
| Median year built | 1959 ± 6 | 292nd–527th of 567 (toward the bottom) | 2024-12-31 | census_acs |
| Households without a car | 20.5% ± 4.5 points | 36th–110th of 595 (near the top) | 2024-12-31 | census_acs |
| Crowded homes | 16.9% ± 4.8 points | 1st–75th highest of 595 (among the highest values) | 2024-12-31 | census_acs |
| Owner costs a month, with a mortgage | $1,457/mo ± $337/mo | 503rd–544th of 544 (near the bottom) | 2024-12-31 | census_acs |
| Owner costs a month, without a mortgage | $723/mo ± $183/mo | 421st–505th of 506 (near the bottom) | 2024-12-31 | census_acs |
| Owners paying half their income or more | 8.6% ± 7.8 points | 1st–534th lowest of 591 (can't be told apart from most) | 2024-12-31 | census_acs |
| Total population | 15,938 ± 2,196 | 193rd–239th of 598 (toward the top) | 2024-12-31 | census_acs |
| Rental vacancy rate | 1.3% (0.0% to 2.7%) | 74th–574th of 574 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying over 30% of income on housing | 51.1% ± 8.5 points | 31st–520th highest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying half their income or more | 28.1% ± 7.7 points | 25th–457th highest of 569 (can't be told apart from most) | 2024-12-31 | census_acs |
| Renters paying utilities on top of rent | 85.0% (no margin available) | — | 2024-12-31 | census_acs |
| Rent paid to the landlord, lower quarter | $908/mo ± $101/mo | 348th–505th of 540 (toward the bottom) | 2024-12-31 | census_acs |
| Rent paid to the landlord, upper quarter | $1,547/mo ± $190/mo | 332nd–499th of 535 (toward the bottom) | 2024-12-31 | census_acs |
| Studios and one-bedroom homes | 25.2% ± 5.4 points | — | 2024-12-31 | census_acs |
| Homes in buildings of 20 or more | 19.5% ± 4.9 points | — | 2024-12-31 | census_acs |
| Homes in buildings of two to four | 20.2% ± 6.2 points | — | 2024-12-31 | census_acs |
| Two-bedroom homes | 18.4% ± 5.5 points | — | 2024-12-31 | census_acs |
| Three-bedroom homes | 35.4% ± 8.6 points | — | 2024-12-31 | census_acs |
| Four or more bedrooms | 21.0% ± 6.5 points | — | 2024-12-31 | census_acs |
| Homes in buildings of five to 19 | 10.4% ± 4.7 points | — | 2024-12-31 | census_acs |
| Townhouses and other attached homes | 40.9% ± 10.5 points | — | 2024-12-31 | census_acs |
| Built 1940 to 1979 | 43.8% ± 6.7 points | — | 2024-12-31 | census_acs |
| Built 1980 to 1999 | 13.8% ± 5.3 points | — | 2024-12-31 | census_acs |
| Built in 2000 or later | 6.2% ± 3.2 points | — | 2024-12-31 | census_acs |
| Built before 1940 | 36.2% ± 9.2 points | — | 2024-12-31 | census_acs |
| Single-family detached homes | 9.0% ± 3.8 points | 555th–585th of 595 (near the bottom) | 2024-12-31 | census_acs |
| Mobile homes | 0.0% (0.0% to 0.4%) | — | 2024-12-31 | census_acs |
| Vacancy rate | 7.0% ± 3.3 points | 57th–399th of 595 (can't be told apart from most) | 2024-12-31 | census_acs |
| Empty for other reasons | 88.0% (66.5% to 100.0%) | — | 2024-12-31 | census_acs |
| Empty homes kept for seasonal use | 0.0% (0.0% to 6.0%) | — | 2024-12-31 | census_acs |
| Households with children | 37.7% ± 6.5 points | 25th–344th of 595 (toward the top) | 2024-12-31 | census_acs |
| Workers working from home | 1.7% ± 1.4 points | 530th–594th of 594 (near the bottom) | 2024-12-31 | census_acs |
| Flood insurance claims paid | 1 | — | 2021-12-31 | fema_nfip_claims |
| Flood insurance paid | $42 | — | 2021-12-31 | fema_nfip_claims |
| Homes in FEMA's 1% flood zone (count) | 192 | — | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 1% flood zone | 3.3% | 189th lowest of 533 | 2026-12-31 | fema_nfhl |
| Homes in FEMA's 0.2% flood zone | 5.2% | 96th 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 | 62.7% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase applications denied | 9.2% | — | 2025-12-31 | ffiec_hmda |
| FHA loans, home purchases | 33.6% | — | 2025-12-31 | ffiec_hmda |
| Median borrower income, home purchases | $78,000 | — | 2025-12-31 | ffiec_hmda |
| Median mortgage, home purchases | $275,000 | — | 2025-12-31 | ffiec_hmda |
| Median loan costs, home purchases | $8,166 | — | 2025-12-31 | ffiec_hmda |
| Median loan-to-value, home purchases | 96.5% | — | 2025-12-31 | ffiec_hmda |
| Median mortgage rate, home purchases | 6.5% | — | 2025-12-31 | ffiec_hmda |
| Home-purchase mortgages made | 44 | — | 2025-12-31 | ffiec_hmda |
| VA loans, home purchases | 3.7% | — | 2025-12-31 | ffiec_hmda |
| Jobs held by residents | 5,810 | — | 2023-12-31 | census_lodes |
| Residents' jobs in their home county | 46.1% | — | 2023-12-31 | census_lodes |
| Residents' jobs in New York City | 2.1% | — | 2023-12-31 | census_lodes |
| Residents' jobs elsewhere in New Jersey | 43.7% | — | 2023-12-31 | census_lodes |
| Residents' jobs in other states | 1.7% | — | 2023-12-31 | census_lodes |
| Residents' jobs in Pennsylvania | 6.4% | — | 2023-12-31 | census_lodes |
| Home heating-oil tank cleanups | 0 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleanup open | 11 | — | 2026-12-31 | njdep_kcsl |
| Contaminated sites, cleaned up with controls | 17 | — | 2026-12-31 | njdep_kcsl |
| Homes in the climate-adjusted tidal flood area | 0.1% | 168th lowest of 403 | 2026-12-31 | njdep_cafe |
| Home value to household income | 2.92× ± 0.29× | 3rd–98th lowest of 546 (among the lowest values) | 2024-12-31 | hip_derived |
| Homes near any transit stop | 100.0% | — | 2026-12-31 | bts_ntm |
| Homes within a quarter mile of a bus stop | 100.0% | — | 2026-12-31 | bts_ntm |
| Homes within half a mile of a rail stop | 46.6% | — | 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 | $207,453 | 539th of 546 | 2026-09-30 | zillow_zhvi |
| Observed rent index, all homes | $1,922/mo | 299th of 325 | 2026-08-31 | 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 | 2026-09-20 | 1 | Free for non-commercial use with attribution |

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Generated from analysis packet `1.7` for region `3258` (GEOID `08609`). 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