HousingHandbookReference data

U.S. ZIP Code · NJ08559

Hunterdon County · New York-Newark-Jersey City, NY-NJ

Typical home value

$677,777[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.2%
5-year / yr
+5.0%
10-year / yr
+4.3%

Relative price

vs U.S.
+138.6%
vs metro
-7.1%
vs state
+19.0%
ZIP 08559 location in NJ
Location of ZIP 08559 in NJ

Price history

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

The typical home in 08559 is worth $677,777 — 7.1% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.2%. The effective property tax rate is 1.9%.

#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
1.9%[3]
Typical annual tax
$12,774[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very 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
4,836[3]
Median household income
$179,600[3]

#Migration

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

Net migration
-219[5]
Moved in
3,534
Moved out
3,753

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$3,427
Loan principal$542,221
Down payment$135,555
Total interest paid$691,574

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$5,054
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
28th percentile[1]
Rental yield
[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08559?
The typical home in 08559 is worth $677,777, based on the Zillow Home Value Index.
Are home values rising in 08559?
Home values in 08559 are up 3.2% over the past year, and up 5.0% a year over five years.
What is the property tax rate in 08559?
The effective property tax rate in 08559 is 1.9% — roughly $12,774 a year on a typical home.
Who lives in 08559?
ZIP code 08559 has a population of 4,836 and a median household income of $179,600.

#Comparable ZIPs

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

  • NJ

    Typical home
    $677,968
    Gross yield
  • Metuchen, NJ

    Typical home
    $679,061
    Gross yield
    5.1%
  • New York, NY

    Typical home
    $676,272
    Gross yield
    4.8%
  • Elmsford, NY

    Typical home
    $679,286
    Gross yield
    5.1%
  • Hillsborough CDP, NJ

    Typical home
    $676,166
    Gross yield
  • New York, NY

    Typical home
    $679,460
    Gross yield
    5.2%

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