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Princeton Junction CDP, NJ

ZIP 08550 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 08550

Median Home Value
$758,900
Median Rent
$2,590
Affordability Snapshot
$209,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,875/mo PITI).

15%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

24.4 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 08550 in Princeton Junction CDP, NJ, a household would need roughly $209,000 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 $4,875. That is roughly in line with the local median household income ($206,658). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
76.3%+17% vs US avg
x
Vacancy Rate
1.3%-87% vs US avg
x
Broadband Access
99.2%+14% vs US avg
x
4+ Bedrooms
15.2%+2% vs US avg
x
Built Pre-1939
1.6%-87% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
8.7%-82% vs US avg
x
Mortgage-Free
34.1%-11% vs US avg
x
$758,900
Home Value
$2,590
Rent
1988
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 detached72.6%
  • 1-unit attached7.9%
  • 2-9 units8.2%
  • 10+ units11.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$758,900
Median rent$2,590
Owner-occupied76.3%
Vacant1.3%
Price-to-income3.7x
Est. income to buy$209,000