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Longport borough, NJ

ZIP 08403 — 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 08403

Median Home Value
$1,040,300
Median Rent
$2,113
Affordability Snapshot
$286,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,683/mo PITI).

25%
Rent-to-Income Ratio

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

10.1x
Home Price-to-Income Ratio

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

41.0 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 08403 in Longport borough, NJ, a household would need roughly $286,000 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 $6,683. That is about 177% above the local median household income ($103,295), 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 68% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
93.6%+43% vs US avg
x
Vacancy Rate
67.7%+557% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
23.8%+61% vs US avg
x
Built Pre-1939
7.5%-41% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
26.5%-47% vs US avg
x
Mortgage-Free
65.3%+71% vs US avg
x
$1,040,300
Home Value
$2,113
Rent
1976
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached74.8%
  • 1-unit attached2.8%
  • 2-9 units2.5%
  • 10+ units19.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,040,300
Median rent$2,113
Owner-occupied93.6%
Vacant67.7%
Price-to-income10.1x
Est. income to buy$286,000