08629, Trenton, NJ

The Trenton zip code of 8629 has a median home value of $128,000 and a median home equity of $101,000. This means that approximately one in four homes in the Trenton zip code is worth more than their original purchase price. Additionally, the Trenton zip code has seen an increase in home values over the past five years, with prices increasing by an average of 7.5% during that time period.

There are several factors that contribute to the high home values in the Trenton zip code. First, there is a high demand for housing in this area due to its proximity to major metropolitan areas such as New York City and Philadelphia. Second, many homeowners have been able to leverage their home equity into additional assets such as stocks and bonds over the past few years. Finally, Trenton is a relatively safe city with low crime rates which contributes to increased demand for property ownership.