HousingHandbookReference data

U.S. ZIP Code · NJ08056

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

Typical home value

$604,709[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.4%
5-year / yr
+8.0%
10-year / yr
+6.0%

Relative price

vs U.S.
+112.9%
vs metro
+51.1%
vs state
+6.2%
ZIP 08056 location in NJ
Location of ZIP 08056 in NJ

Price history

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

The typical home in 08056 is worth $604,709 — 51.1% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 3.4%. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
2.1%[3]
Typical annual tax
$12,759[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
5,434[3]
Median household income
$171,389[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
2
Elementary
2
Middle
0
High
0
  • Samuel Mickle School

    Elementary · Grades 3–6 · East Greenwich Township School District

    715 students

  • Jeffrey Clark School

    Elementary · Grades PK–2 · East Greenwich Township School District

    509 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$3,058
Loan principal$483,767
Down payment$120,942
Total interest paid$617,019

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.

Own : rent ratio
Monthly cost to own$4,625
Monthly rent

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
86th percentile[1]
Rental yield
[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08056?
The typical home in 08056 is worth $604,709, based on the Zillow Home Value Index.
Are home values rising in 08056?
Home values in 08056 are up 3.4% over the past year, and up 8.0% a year over five years.
What is the property tax rate in 08056?
The effective property tax rate in 08056 is 2.1% — roughly $12,759 a year on a typical home.
Who lives in 08056?
ZIP code 08056 has a population of 5,434 and a median household income of $171,389.

#Comparable ZIPs

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

  • Hockessin CDP, DE

    Typical home
    $601,434
    Gross yield
    5.8%
  • PA

    Typical home
    $609,150
    Gross yield
  • Medford Lakes, NJ

    Typical home
    $609,679
    Gross yield
  • Toughkenamon CDP, PA

    Typical home
    $609,907
    Gross yield
  • PA

    Typical home
    $597,996
    Gross yield
    3.7%
  • Richwood CDP, NJ

    Typical home
    $597,085
    Gross yield

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