How much is a home worth in ZIP code 08505?

The typical home in 08505 is worth $459,721, based on the Zillow Home Value Index.

Are home values rising in 08505?

Home values in 08505 are up 2.9% over the past year, and up 7.1% a year over five years.

What is the typical rent in 08505?

A typical home in 08505 rents for about $2,398 a month, a gross rental yield of 6.3%.

What is the property tax rate in 08505?

The effective property tax rate in 08505 is 2.2% — roughly $10,232 a year on a typical home.

ZIP code 08505 has a population of 19,142 and a median household income of $112,845.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08505

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

Typical home value

$459,721^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.9%
5-year / yr: +7.1%
10-year / yr: +5.5%

Relative price

vs U.S.: +61.8%
vs metro: +14.9%
vs state: -19.3%

Price history

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

The typical home in 08505 is worth $459,721 — 14.9% above the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD median. Over the past year, values have risen 2.9%. Homes here rent for a typical $2,398 a month — a 6.3% gross rental yield. The effective property tax rate is 2.2%.

#Rent & investment

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

Monthly rent: $2,398^[2]
Gross yield: 6.3%^[2]
Cap rate: 3.8%^[2]

#Property tax

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

Effective tax rate: 2.2%^[3]
Typical annual tax: $10,232^[3]

#Climate risk

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

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

#Who lives here

Population: 19,142^[3]
Median household income: $112,845^[3]

#Migration

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

Net migration: +667^[5]
Moved in: 13,139
Moved out: 12,472

Schools

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

Public schools: 9
Elementary: 3
Middle: 1
High: 2

Bordentown Regional High School
High · Grades 9–12 · Bordentown Regional School District
762 students
Bordentown Regional Middle School
Middle · Grades 6–8 · Bordentown Regional School District
505 students
Peter Muschal Elementary
Elementary · Grades PK–5 · Bordentown Regional School District
480 students
Mac Farland Intermediate
Elementary · Grades 3–5 · Bordentown Regional School District
247 students
Clara Barton Elementary
Elementary · Grades K–2 · Bordentown Regional School District
215 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 yield6.3%

Net yield (after ~40% expenses)3.8%

Annual rent$28,773

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$2,325

Loan principal$367,777

Down payment$91,944

Total interest paid$469,079

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 ratio1.49

Monthly cost to own$3,562

Monthly rent$2,398

Renting 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: 76th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 80th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08505?: The typical home in 08505 is worth $459,721, based on the Zillow Home Value Index.
Are home values rising in 08505?: Home values in 08505 are up 2.9% over the past year, and up 7.1% a year over five years.
What is the typical rent in 08505?: A typical home in 08505 rents for about $2,398 a month, a gross rental yield of 6.3%.
What is the property tax rate in 08505?: The effective property tax rate in 08505 is 2.2% — roughly $10,232 a year on a typical home.
Who lives in 08505?: ZIP code 08505 has a population of 19,142 and a median household income of $112,845.

#Comparable ZIPs

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

08061 vs 08505 →
Mount Royal CDP, NJ
Typical home
$459,413
Gross yield
—
19095 vs 08505 →
Wyncote CDP, PA
Typical home
$459,349
Gross yield
4.8%
18964
Souderton, PA
Typical home
$460,360
Gross yield
3.8%
19123
Philadelphia, PA
Typical home
$461,841
Gross yield
5.5%
18960
Sellersville, PA
Typical home
$457,390
Gross yield
—
08077
Riverton, NJ
Typical home
$462,341
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ08505

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