Real Estate Investing in Lumberton Township, New Jersey (08048)
Should you buy in 08048 (Lumberton Township, NJ)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Lumberton Township, NJ (08048)?
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Market Analysis: 08048 Lumberton Township
ZIP 08048 in Lumberton Township, NJ carries a robust set of headwinds. Home values near $498K and rents of $1,825/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 08048 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 08048 among NJ's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 08048 ZIP's population of 12,806 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Distressed ZIPs reward experience. solid returns are possible in 08048, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lumberton Township:
Property Strategy for 08048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $230,571 | $2,160 | 6.7% | +12.0% | $115,286 |
| 3BR | $349,326 | $2,590 | 5.3% | +10.4% | $116,442 |
| 4BR | $678,857 | $2,890 | 3.1% | +10.3% | $169,714 |
| 5BR | $788,555 | — | — | +10.3% | $157,711 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08048 Compare?
| Metric | 08048 | Lumberton Township | New Jersey |
|---|---|---|---|
| Home Value | $497,899 | $497,899 | $559,826 |
| 5-Year CAGR | 8.0% | 8.0% | 8.4% |
| Avg Rent | $1,825 | $1,825 | - |
| Cap Rate | 2.9% | 2.9% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08048 (Lumberton Township, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $497,899 |
| Monthly Rent | $1,825 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | -15.3% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (2.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 08048
Population: 12,806
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 08048
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Hainesport Township School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,734 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Lumberton Township, NJ?
With a 3.0/5 investability score, Lumberton Township, NJ ranks as a solid market for rental property investors. Median prices of $498K and rents of $1,825/mo drive the underlying numbers.
Is vacancy a concern in Lumberton Township, NJ?
Expect elevated vacancy in Lumberton Township, NJ. Rents at $1,825/mo are absorbed by the tenant base without meaningful lag.
What is the smart move for investors in Lumberton Township, NJ?
In Lumberton Township, NJ the substantial play is typically careful cash-flow rentals with hands-on management. The combination of $498K prices and $1,825/mo rents suits that approach.
What is the typical home price in Lumberton Township, NJ?
In Lumberton Township, NJ the median home value sits at $498K. Against the broader NJ market, that reads as reasonable for most investors.
What do landlords charge for rent in Lumberton Township, NJ?
Rent in Lumberton Township, NJ is around $1,825/mo. The resulting rent-to-value relationship with $498K pricing is reasonable for most investor models.
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