HousingHandbookReference data

U.S. ZIP Code · NJ08098

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

Typical home value

$396,221[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.4%
5-year / yr
+6.8%
10-year / yr
+5.6%

Relative price

vs U.S.
+39.5%
vs metro
≈ metro median
vs state
-30.4%
ZIP 08098 location in NJ
Location of ZIP 08098 in NJ

Price history

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

The typical home in 08098 is worth $396,221. Over the past year, values have risen 3.4%. The effective property tax rate is 2.7%.

#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
2.7%[3]
Typical annual tax
$10,547[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
9,680[3]
Median household income
$110,913[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
6
Elementary
1
Middle
1
High
2
  • Salem County Career and Technical High School

    High · Grades 9–12 · Salem County Vocational Technical School District

    733 students

  • Mary S. Shoemaker School

    Elementary · Grades K–5 · Woodstown-Pilesgrove Regional School District

    539 students

  • Woodstown High School

    High · Grades 9–12 · Woodstown-Pilesgrove Regional School District

    537 students

  • Woodstown Middle School

    Middle · Grades 6–8 · Woodstown-Pilesgrove Regional School District

    286 students

  • William Roper Early Childhood Learning Center

    Prekindergarten · Grades PK · Woodstown-Pilesgrove Regional School District

    113 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$2,004
Loan principal$316,977
Down payment$79,244
Total interest paid$404,286

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$3,212
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
72nd percentile[1]
Rental yield
[2]
Property tax
96th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08098?
The typical home in 08098 is worth $396,221, based on the Zillow Home Value Index.
Are home values rising in 08098?
Home values in 08098 are up 3.4% over the past year, and up 6.8% a year over five years.
What is the property tax rate in 08098?
The effective property tax rate in 08098 is 2.7% — roughly $10,547 a year on a typical home.
Who lives in 08098?
ZIP code 08098 has a population of 9,680 and a median household income of $110,913.

#Comparable ZIPs

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

  • MD

    Typical home
    $396,310
    Gross yield
  • Cheltenham Village CDP, PA

    Typical home
    $396,011
    Gross yield
  • PA

    Typical home
    $396,503
    Gross yield
  • Berlin, NJ

    Typical home
    $395,856
    Gross yield
  • Burlington, NJ

    Typical home
    $397,159
    Gross yield
    6.5%
  • Rising Sun, MD

    Typical home
    $397,490
    Gross yield

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