Median home value in zip code 08242 (Rio Grande, NJ) is $418K, up 2.9% year over year. Part of the Ocean City, NJ metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: Ocean City, NJ metro →
Home Value$418,228
YoY Change
+2.9%
AFFORDABILITY6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Enter your income for 08242 (Rio Grande).
$83,646 on $418,228
Out of reach — 49.5% of income
Need $132,514/yr to afford.
PITI$3,092
P/I49.5%
Afford$237K
Gap-$182K
P&I $2,115Tax $861Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
08242 is part of the Ocean City, NJ metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.
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