How much is a home worth in ZIP code 08865?

The typical home in 08865 is worth $339,521, based on the Zillow Home Value Index.

Are home values rising in 08865?

Home values in 08865 are up 1.8% over the past year, and up 6.9% a year over five years.

What is the typical rent in 08865?

A typical home in 08865 rents for about $1,906 a month, a gross rental yield of 6.7%.

What is the property tax rate in 08865?

The effective property tax rate in 08865 is 2.3% — roughly $7,896 a year on a typical home.

ZIP code 08865 has a population of 31,427 and a median household income of $79,949.

HousingHandbookReference data

…

U.S. ZIP Code · NJ08865

Warren County · Allentown-Bethlehem-Easton, PA-NJ

Typical home value

$339,521^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.8%
5-year / yr: +6.9%
10-year / yr: +6.5%

Relative price

vs U.S.: +19.5%
vs metro: -8.6%
vs state: -40.4%

Price history

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

The typical home in 08865 is worth $339,521 — 8.6% below the Allentown-Bethlehem-Easton, PA-NJ median. Over the past year, values have risen 1.8%. Homes here rent for a typical $1,906 a month — a 6.7% 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: $1,906^[2]
Gross yield: 6.7%^[2]
Cap rate: 4.0%^[2]

#Property tax

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

Effective tax rate: 2.3%^[3]
Typical annual tax: $7,896^[3]

#Climate risk

FEMA National Risk Index ratings for Warren 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: 31,427^[3]
Median household income: $79,949^[3]

#Migration

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

Net migration: +21^[5]
Moved in: 3,259
Moved out: 3,238

Schools

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

Public schools: 10
Elementary: 7
Middle: 2
High: 1

Phillipsburg High School
High · Grades 9–12 · Phillipsburg School District
1,799 students
Phillipsburg Middle School
Middle · Grades 6–8 · Phillipsburg School District
633 students
Phillipsburg Elementary School
Elementary · Grades 3–5 · Phillipsburg School District
586 students
Phillipsburg Early Childhood Learning Center
Elementary · Grades PK–1 · Phillipsburg School District
470 students
Philipsburg Primary School
Elementary · Grades K–2 · Phillipsburg School District
397 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 yield6.7%

Net yield (after ~40% expenses)4.0%

Annual rent$22,877

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$1,717

Loan principal$271,617

Down payment$67,904

Total interest paid$346,432

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 ratio1.39

Monthly cost to own$2,659

Monthly rent$1,906

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: 68th percentile^[1]
Rental yield: 71st percentile^[2]
Property tax: 95th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 08865?: The typical home in 08865 is worth $339,521, based on the Zillow Home Value Index.
Are home values rising in 08865?: Home values in 08865 are up 1.8% over the past year, and up 6.9% a year over five years.
What is the typical rent in 08865?: A typical home in 08865 rents for about $1,906 a month, a gross rental yield of 6.7%.
What is the property tax rate in 08865?: The effective property tax rate in 08865 is 2.3% — roughly $7,896 a year on a typical home.
Who lives in 08865?: ZIP code 08865 has a population of 31,427 and a median household income of $79,949.

#Comparable ZIPs

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

18080 vs 08865 →
Slatington, PA
Typical home
$340,227
Gross yield
—
18083 vs 08865 →
Stockertown, PA
Typical home
$337,951
Gross yield
—
18052
Fullerton CDP, PA
Typical home
$335,960
Gross yield
6.7%
18067
Northampton, PA
Typical home
$348,034
Gross yield
—
18088
Cherryville CDP, PA
Typical home
$352,049
Gross yield
—
18087
Trexlertown CDP, PA
Typical home
$353,453
Gross yield
—

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#Jump to section

U.S. ZIP Code · NJ08865

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