Median home value in zip code 08873 (Somerset, NJ) is $563,686, up 1.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$563,686

YoY Change

+1.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 08873 (Somerset).

Income (annual)

Down Payment

$112,737 on $563,686

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

Out of reach54.1% of income

Need $144,857/yr to afford.

PITI$3,380

P/I54.1%

Afford$292K

Gap-$272K

P&I $2,850Tax $413Ins $117

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

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

08873 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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