ZIP Code 08016

ZIP Code 08016: frequently asked questions

What is the median home value in ZIP Code 08016?

The median home value in ZIP Code 08016 is $339,100, higher than 75% of U.S. ZIP codes.

How much is property tax in ZIP Code 08016?

The median annual property tax in ZIP Code 08016 is $7,449, an effective rate of 2% of home value.

Is ZIP Code 08016 expensive to live in?

Homes in ZIP Code 08016 cost about 3.44× the median household income, higher than 64% of U.S. ZIP codes.

What is the average rent in ZIP Code 08016?

The median gross rent in ZIP Code 08016 is $1,396 a month, higher than 80% of U.S. ZIP codes.

How much have home prices grown in ZIP Code 08016?

Home prices in ZIP Code 08016 have moved 71% over the past five years (4.5% in the past year), per the FHFA House Price Index.

What is the weather like in ZIP Code 08016?

ZIP Code 08016 averages 53.1°F year-round, summer highs near 83.1°F, winter lows around 24.5°F (NOAA 1991–2020 normals). It sees about 24.8 inches of snow a year.

Is ZIP Code 08016 at risk of flooding or natural disasters?

ZIP Code 08016's FEMA National Risk Index score is 71.7 (higher than 58% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake. Expected annual loss from flooding is 0.06 per $1,000 of building value.