How much is a home worth in ZIP code 08401?

The typical home in 08401 is worth $216,060, based on the Zillow Home Value Index.

Are home values rising in 08401?

Home values in 08401 are up 2.4% over the past year, and up 10.2% a year over five years.

What is the typical rent in 08401?

A typical home in 08401 rents for about $1,801 a month, a gross rental yield of 10.0%.

What is the property tax rate in 08401?

The effective property tax rate in 08401 is 2.3% — roughly $4,940 a year on a typical home.

ZIP code 08401 has a population of 38,925 and a median household income of $41,126.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08401

Atlantic County · Atlantic City-Hammonton, NJ

Typical home value

$216,060^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.4%
5-year / yr: +10.2%
10-year / yr: +10.2%

Relative price

vs U.S.: -23.9%
vs metro: -49.0%
vs state: -62.1%

Price history

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

The typical home in 08401 is worth $216,060 — 49.0% below the Atlantic City-Hammonton, NJ median. Over the past year, values have risen 2.4%. Homes here rent for a typical $1,801 a month — a 10.0% gross rental yield. The effective property tax rate is 2.3%.

#Rent & investment

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

Monthly rent: $1,801^[2]
Gross yield: 10.0%^[2]
Cap rate: 6.0%^[2]

#Property tax

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

Effective tax rate: 2.3%^[3]
Typical annual tax: $4,940^[3]

#Climate risk

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

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

#Who lives here

Population: 38,925^[3]
Median household income: $41,126^[3]

#Migration

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

Net migration: -442^[5]
Moved in: 5,095
Moved out: 5,537

Schools

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

Public schools: 12
Elementary: 9
Middle: 0
High: 2

Atlantic City High School
High · Grades 9–12 · Atlantic City School District
1,699 students
Sovereign Avenue School
Elementary · Grades PK–8 · Atlantic City School District
718 students
Richmond Avenue School
Elementary · Grades PK–8 · Atlantic City School District
598 students
New York Avenue School
Elementary · Grades PK–8 · Atlantic City School District
562 students
Pennsylvania Ave School
Elementary · Grades PK–8 · Atlantic City School District
541 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 yield10.0%

Net yield (after ~40% expenses)6.0%

Annual rent$21,617

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$1,093

Loan principal$172,848

Down payment$43,212

Total interest paid$220,458

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 ratio0.94

Monthly cost to own$1,685

Monthly rent$1,801

Owning is meaningfully cheaper month-to-month.

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: 92nd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 88th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

6th for highest rental yield in NJView list →

Frequently asked

How much is a home worth in ZIP code 08401?: The typical home in 08401 is worth $216,060, based on the Zillow Home Value Index.
Are home values rising in 08401?: Home values in 08401 are up 2.4% over the past year, and up 10.2% a year over five years.
What is the typical rent in 08401?: A typical home in 08401 rents for about $1,801 a month, a gross rental yield of 10.0%.
What is the property tax rate in 08401?: The effective property tax rate in 08401 is 2.3% — roughly $4,940 a year on a typical home.
Who lives in 08401?: ZIP code 08401 has a population of 38,925 and a median household income of $41,126.

#Comparable ZIPs

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

08232 vs 08401 →
Pleasantville, NJ
Typical home
$240,319
Gross yield
9.2%
08326 vs 08401 →
Buena, NJ
Typical home
$298,563
Gross yield
—
08341
Buena, NJ
Typical home
$302,532
Gross yield
—
08330
Estell Manor, NJ
Typical home
$308,306
Gross yield
8.7%
08350
Richland CDP, NJ
Typical home
$312,646
Gross yield
—
08346
Newtonville CDP, NJ
Typical home
$320,672
Gross yield
—

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Pit ZIP 08401 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NJ08401

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