08078, Runnemede, NJ

The 8078 zip code of Runnemede, NJ is located in Bergen County and has a population of around 27,000. The median home value in the 8078 zip code is $569,000 which is significantly higher than the statewide median home value of $206,500. In addition, the 8078 zip code has a lower than average unemployment rate of 4.9% which indicates that there are many jobs available in the area.

One reason why the home values in the 8078 zip code are so high is because there are a lot of affluent residents living in this area. The percentage of households earning over $200,000 annually is above average for Bergen County and Runnemede specifically. Additionally, there are a lot of new homes being built in this area which also contributes to the high home values.

However, despite the high home values, it's important to keep in mind that not all homes in this area are worth as much as others. There are a number of homes that were built decades ago and may not be up to par with more recent construction standards. Additionally, some areas within the 8078 zip code may be less desirable due to crime or other issues. So while it's definitely possible to make money buying a home in this area, it's important to do your research first