HousingHandbookReference data

U.S. ZIP Code · NJ08520

Mercer County · Trenton-Princeton, NJ

Typical home value

$468,097[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+7.0%
10-year / yr
+6.1%

Relative price

vs U.S.
+64.8%
vs metro
≈ metro median
vs state
-17.8%
ZIP 08520 location in NJ
Location of ZIP 08520 in NJ

Price history

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

The typical home in 08520 is worth $468,097. Over the past year, values have fallen 0.1%. Homes here rent for a typical $2,355 a month — a 6.0% 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
$2,355[2]
Gross yield
6.0%[2]
Cap rate
3.6%[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$10,854[3]

#Climate risk

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

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

#Who lives here

Population
29,504[3]
Median household income
$118,010[3]

#Migration

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

Net migration
-1,900[5]
Moved in
8,722
Moved out
10,622

Schools

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

Public schools
6
Elementary
4
Middle
1
High
1
  • Hightstown High School

    High · Grades 9–12 · East Windsor Regional School District

    1,633 students

  • Melvin H. Kreps Middle School

    Middle · Grades 6–8 · East Windsor Regional School District

    1,174 students

  • Grace N. Rogers Elementary School

    Elementary · Grades 3–5 · East Windsor Regional School District

    625 students

  • Perry L. Drew Elementary School

    Elementary · Grades 3–5 · East Windsor Regional School District

    591 students

  • Ethel McKnight Elementary School

    Elementary · Grades K–2 · East Windsor Regional School District

    583 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 yield6.0%
Net yield (after ~40% expenses)3.6%
Annual rent$28,261

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$2,367
Loan principal$374,477
Down payment$93,619
Total interest paid$477,625

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 ratio1.55
Monthly cost to own$3,662
Monthly rent$2,355

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
39th percentile[1]
Rental yield
54th percentile[2]
Property tax
61st percentile[3]

Frequently asked

How much is a home worth in ZIP code 08520?
The typical home in 08520 is worth $468,097, based on the Zillow Home Value Index.
Are home values rising in 08520?
Home values in 08520 are down 0.1% over the past year, and up 7.0% a year over five years.
What is the typical rent in 08520?
A typical home in 08520 rents for about $2,355 a month, a gross rental yield of 6.0%.
What is the property tax rate in 08520?
The effective property tax rate in 08520 is 2.3% — roughly $10,854 a year on a typical home.
Who lives in 08520?
ZIP code 08520 has a population of 29,504 and a median household income of $118,010.

#Comparable ZIPs

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

  • Yardville CDP, NJ

    Typical home
    $465,245
    Gross yield
  • Lawrenceville CDP, NJ

    Typical home
    $463,425
    Gross yield
    6.9%
  • Hamilton Square CDP, NJ

    Typical home
    $485,382
    Gross yield
    5.2%
  • Mercerville CDP, NJ

    Typical home
    $431,331
    Gross yield
    7.0%
  • Trenton, NJ

    Typical home
    $428,241
    Gross yield
    5.6%
  • White Horse CDP, NJ

    Typical home
    $352,628
    Gross yield
    5.7%

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