US5.com
  1. Home
  2. States
  3. New Jersey
  4. ZIP 08248
  5. Housing & Real Estate
Strathmere CDP, NJ

ZIP 08248 — 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 08248

Median Home Value
$934,000
Median Rent
N/A
Affordability Snapshot
$257,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,000/mo PITI).

8.7x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

To comfortably buy a median-priced home in ZIP 08248 in Strathmere CDP, NJ, a household would need roughly $257,000 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 $6,000. That is about 141% above the local median household income ($106,840), 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

Vacancy rate 85% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
100.0%+53% vs US avg
x
Vacancy Rate
84.8%+723% vs US avg
x
Broadband Access
100.0%+15% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
8.9%-30% vs US avg
x
Built Post-2014
5.1%-26% vs US avg
x
Mortgage-Free
60.0%+57% vs US avg
x
$934,000
Home Value
N/A
Rent
1952
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached85.2%
  • 1-unit attached0.0%
  • 2-9 units11.8%
  • 10+ units0.0%
  • Mobile home & other3.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$934,000
Median rent$-666,666,666
Owner-occupied100.0%
Vacant84.8%
Price-to-income8.7x
Est. income to buy$257,000