Zip 08865 (Phillipsburg, NJ) Housing


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The housing in 08865 Phillipsburg, NJ is an attractive option for any potential homeowner. With a median value of $263,600, it is much lower than the US House Median Value of $338,100. The 1 year House Appreciation rate for the US is 8.27%, while the House 1 year appreciation rate in 08865 Phillipsburg, NJ has been 10.79%. This makes it a great choice for those looking to invest in real estate and reap the rewards of a strong housing market.

The median home cost in Phillipsburg (zip 08865) is $263,600. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Phillipsburg (zip 08865) is up 15.1%.

Average Age of Homes
- The median age of Phillipsburg (zip 08865) real estate is 63 years old
The Rental Market in Phillipsburg (zip 08865)
- Renters make up 30.7% of the Phillipsburg (zip 08865) population
- 0.9% of houses and apartments in Phillipsburg (zip 08865), 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

  HousingPhillipsburg, New JerseyUnited States
  13,923.0139,647,020.0
  6642
  $263,600$338,100
  15.1%16.6%
  43.3%57.0%
  60.4%101.1%
  $30.40$10.98
  $6,061$2,690
  61.8%57.4%
  7.5%11.2%
  30.7%31.4%
  Vacant Housing
  0.9%1.9%
  0.2%0.4%
  0.9%0.7%
  0.2%0.4%
  0.4%3.6%
  4.8%4.1%
  Value of Owner-Occupied Housing
  1.8%2.6%
  0.7%2.4%
  0.4%2.8%
  3.3%3.9%
  8.1%4.5%
  13.7%11.3%
  22.2%13.0%
  28.0%20.1%
  16.9%13.6%
  2.9%8.3%
  1.5%9.7%
  0.1%3.9%
  0.0%2.2%
  0.1%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.4%0.2%
  7.0%13.6%
  7.0%13.6%
  6.3%13.6%
  5.8%13.2%
  10.7%14.8%
  6.3%13.6%
  14.5%10.0%
  9.9%4.7%
  33.1%12.2%
Commute