HousingHandbookReference data

U.S. ZIP Code · NJ08882

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

Typical home value

$529,569[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+7.0%
10-year / yr
+6.9%

Relative price

vs U.S.
+86.4%
vs metro
-27.4%
vs state
-7.0%
ZIP 08882 location in NJ
Location of ZIP 08882 in NJ

Price history

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

The typical home in 08882 is worth $529,569 — 27.4% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 2.4%. The effective property tax rate is 1.8%.

#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
1.8%[3]
Typical annual tax
$9,584[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
16,124[3]
Median household income
$96,147[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
4
Elementary
2
Middle
1
High
1
  • South River High School

    High · Grades 9–12 · South River Public School District

    736 students

  • South River Elementary School

    Elementary · Grades 2–5 · South River Public School District

    683 students

  • South River Middle School

    Middle · Grades 6–8 · South River Public School District

    538 students

  • South River Primary School

    Elementary · Grades PK–1 · South River Public School District

    465 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 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$2,678
Loan principal$423,656
Down payment$105,914
Total interest paid$540,349

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$3,918
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
72nd percentile[1]
Rental yield
[2]
Property tax
54th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08882?
The typical home in 08882 is worth $529,569, based on the Zillow Home Value Index.
Are home values rising in 08882?
Home values in 08882 are up 2.4% over the past year, and up 7.0% a year over five years.
What is the property tax rate in 08882?
The effective property tax rate in 08882 is 1.8% — roughly $9,584 a year on a typical home.
Who lives in 08882?
ZIP code 08882 has a population of 16,124 and a median household income of $96,147.

#Comparable ZIPs

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

  • Lake Hiawatha CDP, NJ

    Typical home
    $529,537
    Gross yield
  • Rahway, NJ

    Typical home
    $529,136
    Gross yield
    5.8%
  • Pine Beach, NJ

    Typical home
    $530,103
    Gross yield
    6.8%
  • Bound Brook, NJ

    Typical home
    $528,924
    Gross yield
    4.9%
  • New York, NY

    Typical home
    $528,909
    Gross yield
    7.0%
  • Sewaren CDP, NJ

    Typical home
    $528,529
    Gross yield

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