08752, Seaside Park, NJ

The 8752 zip code of Seaside Park, NJ has a median home value of $269,000. The home equity in this zip code is $146,000. This means that the average homeowner in this zip code has over 50% of their home equity invested in their home.

This high level of home equity is likely due to the many affluent and well-educated residents living in this zip code. Additionally, Seaside Park is located within close proximity to both Manhattan and Atlantic City which may also contribute to the high level of home equity in this area.

Despite these positive factors, there are some potential risks associated with having so much of one's wealth invested in one's home. If the market for homes in this zip code declines significantly, homeowners could find themselves facing significant losses on their investments. Additionally, if a homeowner were to lose their job or have difficulty paying their mortgage, they would likely be unable to make any significant repairs or updates to their home which could lead to its eventual foreclosure.