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Ringoes CDP, NJ

ZIP 08551 — 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 08551

Median Home Value
$580,400
Median Rent
$1,977
Affordability Snapshot
$160,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,728/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.

24.5 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 08551 in Ringoes CDP, NJ, a household would need roughly $160,000 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 $3,728. That is roughly in line with the local median household income ($154,966). 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
88.8%+36% vs US avg
x
Vacancy Rate
4.8%-54% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
8.5%-43% vs US avg
x
Built Pre-1939
2.2%-83% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
14.1%-72% vs US avg
x
Mortgage-Free
29.7%-22% vs US avg
x
$580,400
Home Value
$1,977
Rent
1983
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

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

  • 1-unit detached93.7%
  • 1-unit attached2.4%
  • 2-9 units1.3%
  • 10+ units2.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$580,400
Median rent$1,977
Owner-occupied88.8%
Vacant4.8%
Price-to-income3.7x
Est. income to buy$160,000