Zip 08049 (Magnolia, NJ) Housing

The housing median value in 08049 Magnolia, NJ is $252,400, which is significantly lower than the US House Median Value of $338,100. However, the one-year house appreciation in 08049 Magnolia, NJ is 15.62%, which is higher than the US 1 year House Appreciation of 8.27%. This suggests that housing prices in 08049 Magnolia, NJ are on the rise and could be a great investment for those looking to enter the market.

The median home cost in Magnolia (zip 08049) is $252,400. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Magnolia (zip 08049) is up 18.1%.

Average Age of Homes

- The median age of Magnolia (zip 08049) real estate is 58 years old

The Rental Market in Magnolia (zip 08049)

- Renters make up 24.4% of the Magnolia (zip 08049) population
- 2.0% of houses and apartments in Magnolia (zip 08049), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Magnolia, New Jersey	United States
	2,228.0	139,647,020.0
	60	42
	$252,400	$338,100
	18.1%	16.6%
	57.0%	57.0%
	69.6%	101.1%
	$38.54	$10.98
	$6,764	$2,690
	66.8%	57.4%
	7.6%	11.2%
	25.6%	31.4%
Vacant Housing
	2.0%	1.9%
	1.4%	0.4%
	1.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	22.7%	11.3%
	45.9%	13.0%
	25.5%	20.1%
	0.5%	13.6%
	0.5%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.8%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	2.4%	13.6%
	9.1%	13.2%
	3.2%	14.8%
	2.4%	13.6%
	33.3%	10.0%
	5.0%	4.7%
	7.1%	12.2%

Reviews for Magnolia

See all (1)

Write a Review

Brittney · Magnolia, NJ

Magnolia's crime

Over 18 years ago

Magnolia has one of the lowest crime rates that i could every imagine.. Ive live here in Magnolia for about 11 years.. and i can only two real tradgeties.. One being the More