How much is a home worth in ZIP code 08028?

The typical home in 08028 is worth $369,413, based on the Zillow Home Value Index.

Are home values rising in 08028?

Home values in 08028 are up 3.3% over the past year, and up 8.3% a year over five years.

What is the typical rent in 08028?

A typical home in 08028 rents for about $2,827 a month, a gross rental yield of 9.2%.

What is the property tax rate in 08028?

The effective property tax rate in 08028 is 2.6% — roughly $9,514 a year on a typical home.

ZIP code 08028 has a population of 25,098 and a median household income of $89,130.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08028

Gloucester County · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Typical home value

$369,413^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.3%
5-year / yr: +8.3%
10-year / yr: +6.7%

Relative price

vs U.S.: +30.0%
vs metro: -7.7%
vs state: -35.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08028 is worth $369,413 — 7.7% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 3.3%. Homes here rent for a typical $2,827 a month — a 9.2% gross rental yield. The effective property tax rate is 2.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,827^[2]
Gross yield: 9.2%^[2]
Cap rate: 5.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.6%^[3]
Typical annual tax: $9,514^[3]

#Climate risk

FEMA National Risk Index ratings for Gloucester County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Relatively High
Wildfire: Relatively Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Very High

#Who lives here

Population: 25,098^[3]
Median household income: $89,130^[3]

#Migration

Household moves in and out of Gloucester County over a year, from IRS tax-return data.

Net migration: +403^[5]
Moved in: 7,556
Moved out: 7,153

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 3
Middle: 1
High: 1

Dorothy L. Bullock School
Elementary · Grades 1–5 · Glassboro School District
719 students
Glassboro High School
High · Grades 7–12 · Glassboro School District
539 students
Thomas E. Bowe School
Middle · Grades 6–8 · Glassboro School District
416 students
Aura Elementary School
Elementary · Grades PK–6 · Elk Township School District
347 students
J. Harvey Rodgers School
Elementary · Grades PK–K · Glassboro School District
240 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.2%

Net yield (after ~40% expenses)5.5%

Annual rent$33,927

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,868

Loan principal$295,531

Down payment$73,883

Total interest paid$376,933

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.05

Monthly cost to own$2,970

Monthly rent$2,827

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 89th percentile^[1]
Rental yield: 87th percentile^[2]
Property tax: 92nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08028?: The typical home in 08028 is worth $369,413, based on the Zillow Home Value Index.
Are home values rising in 08028?: Home values in 08028 are up 3.3% over the past year, and up 8.3% a year over five years.
What is the typical rent in 08028?: A typical home in 08028 rents for about $2,827 a month, a gross rental yield of 9.2%.
What is the property tax rate in 08028?: The effective property tax rate in 08028 is 2.6% — roughly $9,514 a year on a typical home.
Who lives in 08028?: ZIP code 08028 has a population of 25,098 and a median household income of $89,130.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

08012 vs 08028 →
Blackwood CDP, NJ
Typical home
$369,915
Gross yield
6.1%
08094 vs 08028 →
Williamstown CDP, NJ
Typical home
$368,680
Gross yield
—
18936
Montgomeryville CDP, PA
Typical home
$368,545
Gross yield
—
19119
Philadelphia, PA
Typical home
$368,147
Gross yield
5.3%
19808
Pike Creek CDP, DE
Typical home
$367,585
Gross yield
6.9%
19070
Morton, PA
Typical home
$367,272
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ08028

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