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Clayton borough, NJ

ZIP 08312 — 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 08312

Median Home Value
$248,000
Median Rent
$1,154
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,593/mo PITI).

16%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.9 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 08312 in Clayton borough, NJ, a household would need roughly $68,000 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 $1,593. That sits below the local median household income ($88,448), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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
73.3%+12% vs US avg
x
Vacancy Rate
9.5%-7% vs US avg
x
Broadband Access
89.6%+3% vs US avg
x
4+ Bedrooms
3.9%-73% vs US avg
x
Built Pre-1939
6.2%-52% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
21.8%-43% vs US avg
x
$248,000
Home Value
$1,154
Rent
1974
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached77.3%
  • 1-unit attached1.5%
  • 2-9 units5.3%
  • 10+ units15.7%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$248,000
Median rent$1,154
Owner-occupied73.3%
Vacant9.5%
Price-to-income2.8x
Est. income to buy$68,000