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Budd Lake CDP, NJ

ZIP 07828 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07828

Median Home Value
$433,200
Median Rent
$1,422
Affordability Snapshot
$119,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,783/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

25.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 07828 in Budd Lake CDP, NJ, a household would need roughly $119,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,783. That is about 23% above the local median household income ($96,989), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
54.4%-17% vs US avg
x
Vacancy Rate
2.1%-80% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
7.8%-39% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
17.6%-65% vs US avg
x
Mortgage-Free
26.1%-32% vs US avg
x
$433,200
Home Value
$1,422
Rent
1975
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached51.0%
  • 1-unit attached5.4%
  • 2-9 units17.9%
  • 10+ units25.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$433,200
Median rent$1,422
Owner-occupied54.4%
Vacant2.1%
Price-to-income4.5x
Est. income to buy$119,000