HousingHandbookReference data

U.S. ZIP Code · NJ08069

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

Typical home value

$241,551[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.9%
5-year / yr
+9.1%
10-year / yr
+7.1%

Relative price

vs U.S.
-15.0%
vs metro
-39.6%
vs state
-57.6%
ZIP 08069 location in NJ
Location of ZIP 08069 in NJ

Price history

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

The typical home in 08069 is worth $241,551 — 39.6% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 1.9%. The effective property tax rate is 2.5%.

#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
2.5%[3]
Typical annual tax
$5,923[3]

#Climate risk

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

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

#Who lives here

Population
13,413[3]
Median household income
$71,942[3]

#Migration

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

Net migration
+102[5]
Moved in
1,691
Moved out
1,589

Schools

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

Public schools
5
Elementary
3
Middle
1
High
1
  • Penns Grove High School

    High · Grades 9–12 · Penns Grove-Carneys Point Regional School District

    621 students

  • Field Street School

    Elementary · Grades 1–3 · Penns Grove-Carneys Point Regional School District

    493 students

  • Penns Grove Middle School

    Middle · Grades 6–8 · Penns Grove-Carneys Point Regional School District

    465 students

  • Paul W Carleton

    Elementary · Grades 4–5 · Penns Grove-Carneys Point Regional School District

    319 students

  • Lafayette - Pershing

    Elementary · Grades PK–K · Penns Grove-Carneys Point Regional School District

    296 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$1,221
Loan principal$193,241
Down payment$48,310
Total interest paid$246,468

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$1,916
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
96th percentile[1]
Rental yield
[2]
Property tax
87th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08069?
The typical home in 08069 is worth $241,551, based on the Zillow Home Value Index.
Are home values rising in 08069?
Home values in 08069 are up 1.9% over the past year, and up 9.1% a year over five years.
What is the property tax rate in 08069?
The effective property tax rate in 08069 is 2.5% — roughly $5,923 a year on a typical home.
Who lives in 08069?
ZIP code 08069 has a population of 13,413 and a median household income of $71,942.

#Comparable ZIPs

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

  • Philadelphia, PA

    Typical home
    $239,630
    Gross yield
    6.7%
  • Paulsboro, NJ

    Typical home
    $239,545
    Gross yield
    8.0%
  • Glenolden, PA

    Typical home
    $243,700
    Gross yield
    7.8%
  • Philadelphia, PA

    Typical home
    $239,025
    Gross yield
    7.5%
  • Mont Clare CDP, PA

    Typical home
    $244,187
    Gross yield
  • Gloucester City, NJ

    Typical home
    $238,260
    Gross yield
    9.3%

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