US5.com
  1. Home
  2. States
  3. New Jersey
  4. ZIP 08844
  5. Housing & Real Estate
Hillsborough CDP, NJ

ZIP 08844 — 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 08844

Median Home Value
$537,300
Median Rent
$2,052
Affordability Snapshot
$148,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,451/mo PITI).

16%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

21.8 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 08844 in Hillsborough CDP, NJ, a household would need roughly $148,000 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 $3,451. That is roughly in line with the local median household income ($153,785). 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
82.5%+26% vs US avg
x
Vacancy Rate
1.6%-85% vs US avg
x
Broadband Access
96.1%+10% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
1.5%-88% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
19.5%-61% vs US avg
x
Mortgage-Free
29.2%-23% vs US avg
x
$537,300
Home Value
$2,052
Rent
1985
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 detached60.6%
  • 1-unit attached19.8%
  • 2-9 units8.1%
  • 10+ units11.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$537,300
Median rent$2,052
Owner-occupied82.5%
Vacant1.6%
Price-to-income3.5x
Est. income to buy$148,000