Zip Code

08873

Somerset, NJNew York-Newark-Jersey City, NY-NJ-PA

Median home value in zip code 08873 (Somerset, NJ) is $564K, up 1.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →

Home Value$563,686
YoY Change
+1.9%
AFFORDABILITY

Enter your income for 08873 (Somerset).

$112,737 on $563,686
Out of reach — 54.1% 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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