New York-Newark-Jersey City, NY-NJ-PA · New Jersey

Middlesex County

ZIP 08831

861,535 residents1,628 permits TTM$109,028 median HHI36 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$439,300

ACS 5-Year

Cap rate proxy

6.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.9%

HUD FMR ÷ ACS HHI

Net migration

+2.32%

IRS SOI

Permits (TTM)

1,628

Census BPS

Climate risk

97.8

FEMA NRI (0–100)

ZIP 08831

Median home value

Gross yield

Cap rate

6.1%

Rent gap

-81.0%

Affordability

P/I: 5.5R/I: 33.5%

Section 8 detail

SAFMR: $1,680Rent: $1,810Gap: -7.2%
ZIP code breakdown36 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
089017.1%-11.0%
088616.2%-9.7%
070956.2%-6.2%
088596.2%-19.1%
088316.1%-81.0%
089025.8%-9.7%
088795.7%-5.9%
088175.7%-12.4%
088545.5%-14.3%
088305.5%-8.9%
088165.3%-16.2%
070805.3%-8.0%
088375.3%0.3%
088405.3%-25.7%
088285.2%22.1%
070085.2%-1.1%
088574.9%-10.2%
088324.9%22.1%
089044.9%-0.3%
07747$631,051$2,5904.9%4.8%3.2%
088524.4%-8.4%
070014.2%22.1%
088824.2%22.1%
088634.1%22.1%
070774.1%22.1%
088464.1%22.1%
088724.1%22.1%
070644.1%22.1%
070673.9%12.9%
088843.9%22.1%
085363.8%9.7%
088503.6%22.1%
088103.5%22.1%
088243.1%22.1%
085122.9%22.1%
088202.7%22.1%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

63.5%

Census ACS

Vacancy rate

3.5%

Census ACS

Bachelor's degree +

45.1%

Census ACS

Rent burdened

44.2%

Census ACS (>30% income)

Median age

39.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026