Zip Code:
08558 is a New Jersey Zip code within the city of Skillman and the county of Somerset County. Its population is roughly 7,684.
The 8558 zip code of Skillman, NJ has a population of about 10,000 people. The median household income in this zip code is about $85,000. The median home value in this zip code is about $225,000.
There are a lot of factors that affect the home equity and home prices in any given zip code. Some of the things that can influence these values include the amount of available inventory, the rate of inflation, interest rates, and the level of unemployment in that area.
In general, it's usually safe to say that home equity and home prices tend to rise over time as more people get priced out of their current neighborhoods and move into areas with more opportunity. This is especially true if there are no major restrictions on how much you can raise your mortgage or if you have good credit history.
One thing to keep in mind is that there are a lot of variables at play when it comes to predicting home equity and home prices. So it's always important to consult with a qualified real estate agent if you're interested in buying or selling a property in this zip code.
Price Index: Newark, NJ-PA (MSAD)
Zipcode | Population | Density | Timezone | Latitude | Longitude | City | County | State |
---|---|---|---|---|---|---|---|---|
08540 | 48,672 | 361.9 | America/New_York | 40.36330 | -74.65567 | Princeton | Mercer County | New Jersey |
08502 | 11,275 | 341.2 | America/New_York | 40.44827 | -74.65564 | Belle Mead | Somerset County | New Jersey |
08553 | 636 | 402 | America/New_York | 40.40015 | -74.64054 | Rocky Hill | Somerset County | New Jersey |