How much is a home worth in ZIP code 08859?

The typical home in 08859 is worth $547,249, based on the Zillow Home Value Index.

Are home values rising in 08859?

Home values in 08859 are up 5.8% over the past year, and up 7.2% a year over five years.

What is the typical rent in 08859?

A typical home in 08859 rents for about $2,751 a month, a gross rental yield of 6.0%.

What is the property tax rate in 08859?

The effective property tax rate in 08859 is 1.7% — roughly $9,344 a year on a typical home.

ZIP code 08859 has a population of 25,448 and a median household income of $99,882.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08859

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

Typical home value

$547,249^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.8%
5-year / yr: +7.2%
10-year / yr: +6.6%

Relative price

vs U.S.: +92.6%
vs metro: -25.0%
vs state: -3.9%

Price history

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

The typical home in 08859 is worth $547,249 — 25.0% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 5.8%. Homes here rent for a typical $2,751 a month — a 6.0% gross rental yield. The effective property tax rate is 1.7%.

#Rent & investment

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

Monthly rent: $2,751^[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: 1.7%^[3]
Typical annual tax: $9,344^[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: 25,448^[3]
Median household income: $99,882^[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: 5
Middle: 1
High: 1

Sayreville War Memorial High School
High · Grades 9–12 · Sayreville School District
1,763 students
Sayreville Middle School
Middle · Grades 6–8 · Sayreville School District
1,335 students
Samsel Upper Elementary School
Elementary · Grades 4–5 · Sayreville School District
882 students
Dwight D. Eisenhower Elementary School
Elementary · Grades K–3 · Sayreville School District
468 students
Emma Arleth Elementary School
Elementary · Grades K–3 · Sayreville School District
460 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 yield6.0%

Net yield (after ~40% expenses)3.6%

Annual rent$33,007

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$2,767

Loan principal$437,799

Down payment$109,450

Total interest paid$558,389

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 ratio1.46

Monthly cost to own$4,003

Monthly rent$2,751

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: 79th percentile^[2]
Property tax: 47th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08859?: The typical home in 08859 is worth $547,249, based on the Zillow Home Value Index.
Are home values rising in 08859?: Home values in 08859 are up 5.8% over the past year, and up 7.2% a year over five years.
What is the typical rent in 08859?: A typical home in 08859 rents for about $2,751 a month, a gross rental yield of 6.0%.
What is the property tax rate in 08859?: The effective property tax rate in 08859 is 1.7% — roughly $9,344 a year on a typical home.
Who lives in 08859?: ZIP code 08859 has a population of 25,448 and a median household income of $99,882.

#Comparable ZIPs

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

10473 vs 08859 →
New York, NY
Typical home
$547,088
Gross yield
7.8%
07304 vs 08859 →
Jersey City, NJ
Typical home
$547,009
Gross yield
5.2%
08758
Waretown CDP, NJ
Typical home
$547,544
Gross yield
5.3%
11980
Yaphank CDP, NY
Typical home
$547,579
Gross yield
8.1%
11727
Coram CDP, NY
Typical home
$546,824
Gross yield
6.8%
08869
Raritan, NJ
Typical home
$546,686
Gross yield
5.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 08859 against any other ZIP — full side-by-side table.

Compare 08859 →

#Jump to section

U.S. ZIP Code · NJ08859

Get more data on ZIPs like this

Get more data on ZIPs like this