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Echelon CDP, NJ

ZIP 08043 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 08043

Median Home Value
$390,600
Median Rent
$1,572
Affordability Snapshot
$108,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,509/mo PITI).

17%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

20.7 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 08043 in Echelon CDP, NJ, a household would need roughly $108,000 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 $2,509. That is roughly in line with the local median household income ($112,606). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
63.4%-3% vs US avg
x
Vacancy Rate
2.6%-75% vs US avg
x
Broadband Access
95.7%+10% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
0.7%-94% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
27.5%-45% vs US avg
x
Mortgage-Free
43.6%+14% vs US avg
x
$390,600
Home Value
$1,572
Rent
1983
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached51.7%
  • 1-unit attached10.3%
  • 2-9 units11.0%
  • 10+ units27.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$390,600
Median rent$1,572
Owner-occupied63.4%
Vacant2.6%
Price-to-income3.5x
Est. income to buy$108,000