08022, Columbus, NJ

The 8022 zip code of Columbus, NJ has a median home value of $187,000 and a median home equity value of $119,000. This is higher than the national median home value of $161,500 and the national median home equity value of $117,200. The 8022 zip code also has a higher than average percentage of homes with mortgages at 84%. This is higher than the national mortgage rate of 74%.

There are several factors that may contribute to the high values in the 8022 zip code. First, Columbus is a desirable city to live in with plenty of amenities and job opportunities. Second, there is a high demand for housing in this area due to its proximity to both New York City and Philadelphia. Third, there are many wealthy families living in Columbus who may be able to afford more expensive homes than average. Finally, there is an abundance of luxury homes available in this area which may contribute to the high values.