08302, Bridgeton, NJ

The 8302 zip code of Bridgeton, NJ has a median home value of $128,000 and a median home equity value of $101,000. These values are higher than the statewide median home value of $117,500 and the national median home equity value of $106,200. The 8302 zip code also has a higher than average percentage of homes with mortgages at 84%. This is likely due to the high demand for housing in Bridgeton and its surrounding areas.

There are many factors that contribute to the high home values in the 8302 zip code of Bridgeton. First and foremost is the strong demand for housing in this area. There are many people who want to live in Bridgeton because it is a vibrant community with plenty of amenities. Additionally, there is a high level of job security in this area thanks to companies like Panasonic Corporation and Johnson & Johnson that have operations here. Finally, there is an abundance of available inventory which has driven up prices over time.