Median home value in zip code 08242 (Rio Grande, NJ) is $418,228, up 2.9% year over year. Part of the Ocean City, NJ metropolitan area.

Home Value$418,228

YoY Change

+2.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 08242 (Rio Grande).

Income (annual)

Down Payment

$83,646 on $418,228

Example: $75,000 household income. Change it above to see your own.

Out of reach49.5% of income

Need $132,514/yr to afford.

PITI$3,092

P/I49.5%

Afford$237K

Gap-$182K

P&I $2,115Tax $861Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

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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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