08223, Marmora, NJ

The 8223 zip code of Marmora, NJ has a median home value of $269,000 and a median home equity value of $146,000. This is significantly higher than the statewide median home value of $181,600 and the national median home equity value of $177,200.

There are a number of factors that contribute to the high values in this zip code. First, Marmora is located in an affluent area with many wealthy residents. Second, the homes in this zip code are typically well-maintained and have plenty of amenities (such as large yards and pools). Finally, there is a strong demand for housing in Marmora due to its proximity to both New York City and Philadelphia.

Despite these high values, there are still some homeowners who are struggling to maintain their homes. For example, approximately 20% of homeowners in this zip code have at least one mortgage that is more than 90 days past due or has been foreclosed on. This indicates that there is still some risk associated with investing in homes in this area.