HousingHandbookReference data

U.S. ZIP Code · NJ08817

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

Typical home value

$559,140[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.6%
5-year / yr
+8.0%
10-year / yr
+6.8%

Relative price

vs U.S.
+96.8%
vs metro
-23.4%
vs state
-1.8%
ZIP 08817 location in NJ
Location of ZIP 08817 in NJ

Price history

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

The typical home in 08817 is worth $559,140 — 23.4% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.6%. Homes here rent for a typical $2,567 a month — a 5.5% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent
$2,567[2]
Gross yield
5.5%[2]
Cap rate
3.3%[2]

#Property tax

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

Effective tax rate
2.1%[3]
Typical annual tax
$11,553[3]

#Climate risk

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

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

#Who lives here

Population
49,020[3]
Median household income
$110,808[3]

#Migration

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

Net migration
-3,628[5]
Moved in
21,716
Moved out
25,344

Schools

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

Public schools
8
Elementary
6
Middle
1
High
1
  • Edison High School

    High · Grades 9–12 · Edison Township School District

    2,336 students

  • Lincoln Elementary School

    Elementary · Grades K–5 · Edison Township School District

    948 students

  • Thomas Jefferson Middle School

    Middle · Grades 6–8 · Edison Township School District

    948 students

  • John Marshall Elementary School

    Elementary · Grades K–5 · Edison Township School District

    766 students

  • Benjamin Franklin Elementary School

    Elementary · Grades K–5 · Edison Township School District

    620 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 yield5.5%
Net yield (after ~40% expenses)3.3%
Annual rent$30,803

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$2,827
Loan principal$447,312
Down payment$111,828
Total interest paid$570,522

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 ratio1.66
Monthly cost to own$4,258
Monthly rent$2,567

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
89th percentile[1]
Rental yield
69th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08817?
The typical home in 08817 is worth $559,140, based on the Zillow Home Value Index.
Are home values rising in 08817?
Home values in 08817 are up 3.6% over the past year, and up 8.0% a year over five years.
What is the typical rent in 08817?
A typical home in 08817 rents for about $2,567 a month, a gross rental yield of 5.5%.
What is the property tax rate in 08817?
The effective property tax rate in 08817 is 2.1% — roughly $11,553 a year on a typical home.
Who lives in 08817?
ZIP code 08817 has a population of 49,020 and a median household income of $110,808.

#Comparable ZIPs

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

  • Budd Lake CDP, NJ

    Typical home
    $560,422
    Gross yield
    4.9%
  • Glen Gardner, NJ

    Typical home
    $557,612
    Gross yield
  • Union City, NJ

    Typical home
    $560,912
    Gross yield
    5.0%
  • Central Islip CDP, NY

    Typical home
    $557,177
    Gross yield
    6.0%
  • New Egypt CDP, NJ

    Typical home
    $561,406
    Gross yield
  • Spotswood, NJ

    Typical home
    $561,901
    Gross yield

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