How much is a home worth in ZIP code 08534?

The typical home in 08534 is worth $682,309, based on the Zillow Home Value Index.

Are home values rising in 08534?

Home values in 08534 are up 1.6% over the past year, and up 6.7% a year over five years.

What is the typical rent in 08534?

A typical home in 08534 rents for about $2,852 a month, a gross rental yield of 5.0%.

What is the property tax rate in 08534?

The effective property tax rate in 08534 is 2.2% — roughly $14,937 a year on a typical home.

ZIP code 08534 has a population of 13,272 and a median household income of $175,573.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08534

Mercer County · Trenton-Princeton, NJ

Typical home value

$682,309^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +6.7%
10-year / yr: +4.3%

Relative price

vs U.S.: +140.2%
vs metro: +46.7%
vs state: +19.8%

Price history

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

The typical home in 08534 is worth $682,309 — 46.7% above the Trenton-Princeton, NJ median. Over the past year, values have risen 1.6%. Homes here rent for a typical $2,852 a month — a 5.0% 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: $2,852^[2]
Gross yield: 5.0%^[2]
Cap rate: 3.0%^[2]

#Property tax

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

Effective tax rate: 2.2%^[3]
Typical annual tax: $14,937^[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: 13,272^[3]
Median household income: $175,573^[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: 7
Elementary: 2
Middle: 1
High: 4

Hopewell Valley Central High School
High · Grades 9–12 · Hopewell Valley Regional School District
1,080 students
Timberlane Middle School
Middle · Grades 6–8 · Hopewell Valley Regional School District
773 students
Stony Brook Elementary School
Elementary · Grades PK–5 · Hopewell Valley Regional School District
408 students
Toll Gate Grammar School
Elementary · Grades PK–5 · Hopewell Valley Regional School District
291 students
Mercer County Technical School STEM Academy
High · Grades 9–12 · Area Vocational Technical School District of Mercer County
125 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 yield5.0%

Net yield (after ~40% expenses)3.0%

Annual rent$34,220

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$3,450

Loan principal$545,847

Down payment$136,462

Total interest paid$696,198

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 ratio1.85

Monthly cost to own$5,264

Monthly rent$2,852

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: 22nd percentile^[1]
Rental yield: 15th percentile^[2]
Property tax: 50th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08534?: The typical home in 08534 is worth $682,309, based on the Zillow Home Value Index.
Are home values rising in 08534?: Home values in 08534 are up 1.6% over the past year, and up 6.7% a year over five years.
What is the typical rent in 08534?: A typical home in 08534 rents for about $2,852 a month, a gross rental yield of 5.0%.
What is the property tax rate in 08534?: The effective property tax rate in 08534 is 2.2% — roughly $14,937 a year on a typical home.
Who lives in 08534?: ZIP code 08534 has a population of 13,272 and a median household income of $175,573.

#Comparable ZIPs

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

08560 vs 08534 →
Titusville CDP, NJ
Typical home
$673,001
Gross yield
—
08525 vs 08534 →
Hopewell, NJ
Typical home
$662,544
Gross yield
—
08691
Yardville CDP, NJ
Typical home
$641,597
Gross yield
5.3%
08690
Hamilton Square CDP, NJ
Typical home
$485,382
Gross yield
5.2%
08520
Twin Rivers CDP, NJ
Typical home
$468,097
Gross yield
6.0%
08620
Yardville CDP, NJ
Typical home
$465,245
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ08534

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