08010, Beverly, NJ

The 8010 zip code of Beverly, NJ has a median home value of $269,000 and a median home equity value of $146,000. These values are significantly higher than the statewide median home value of $173,500 and the statewide median home equity value of $130,000. The 8010 zip code is also significantly higher than the national median home value of $183,200 and the national median home equity value of $130,700.

There are a number of factors that contribute to the high values in the 8010 zip code of Beverly. First and foremost is its location in one of New Jersey's wealthiest counties. Beverly is also located within close proximity to both Manhattan and Philadelphia, two major metropolitan areas with high demand for housing and significant job opportunities. Additionally, many homes in the 8010 zip code are large enough to accommodate multiple families or large groups of friends which adds to their resale value.

Despite these factors contributing to high home values in the 8010 zip code, there are some potential risks associated with buying or owning a home in this area. For example, although Beverly is located within close proximity to major metropolitan areas with strong job markets, it can be difficult to find employment outside of these areas if you do not have ties to these regions. Additionally, while prices in Beverly have been increasing rapidly over recent years, they may not continue doing so indefinitely – especially if interest rates increase from their current low levels.