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Flemington borough, NJ

ZIP 08822 — 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 08822

Median Home Value
$513,900
Median Rent
$1,507
Affordability Snapshot
$141,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,301/mo PITI).

13%
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.

28.4 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 08822 in Flemington borough, NJ, a household would need roughly $141,000 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 $3,301. That is roughly in line with the local median household income ($137,698). 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
80.4%+23% vs US avg
x
Vacancy Rate
2.0%-81% vs US avg
x
Broadband Access
93.7%+8% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
28.8%-42% vs US avg
x
Mortgage-Free
33.0%-14% vs US avg
x
$513,900
Home Value
$1,507
Rent
1984
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached62.8%
  • 1-unit attached17.5%
  • 2-9 units11.6%
  • 10+ units7.7%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$513,900
Median rent$1,507
Owner-occupied80.4%
Vacant2.0%
Price-to-income3.7x
Est. income to buy$141,000