Zip 08340 (Milmay, NJ) Housing


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Housing in 08340 Milmay, NJ is relatively more expensive than the US median value for housing at $314,000. The appreciation rate on homes in this area has been higher than the US average of 8.27%, with a 1 year appreciation rate of 10.41%. It is likely that housing prices will continue to rise in this area due to its desirable location and amenities. Investing in housing in 08340 Milmay, NJ could be a smart move for anyone looking to buy or sell a home in the near future.

The median home cost in Milmay (zip 08340) is $314,000. Home appreciation the last 10 years has been 58.8%. Home Appreciation in Milmay (zip 08340) is up 17.5%.

Average Age of Homes
- The median age of Milmay (zip 08340) real estate is 37 years old
The Rental Market in Milmay (zip 08340)
- Renters make up 6.5% of the Milmay (zip 08340) population
- 0.0% of houses and apartments in Milmay (zip 08340), 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

  HousingMilmay, New JerseyUnited States
  386.0139,647,020.0
  4642
  $314,000$338,100
  17.5%16.6%
  54.3%57.0%
  58.8%101.1%
  $28.63$10.98
  $7,037$2,690
  79.0%57.4%
  0.0%11.2%
  21.0%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  0.0%3.6%
  0.0%4.1%
  Value of Owner-Occupied Housing
  0.0%2.6%
  0.0%2.4%
  8.9%2.8%
  0.0%3.9%
  0.0%4.5%
  2.3%11.3%
  29.8%13.0%
  47.5%20.1%
  7.5%13.6%
  0.0%8.3%
  3.9%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  2.3%13.6%
  2.3%13.6%
  10.9%13.6%
  19.2%13.2%
  32.4%14.8%
  10.9%13.6%
  20.2%10.0%
  0.0%4.7%
  0.0%12.2%
Commute

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