Real Estate Investing in Bridgeton, New Jersey (08302)
Should you buy in 08302 (Bridgeton, 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.
- Elevated vacancy: 9.2% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Bridgeton, NJ (08302)?
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Market Analysis: 08302 Bridgeton
The 08302 ZIP in Bridgeton, NJ is a local-operator market. Outside capital chasing a $259K entry has to pair deep knowledge with the discount.
The investment case in 08302 is notable only for operators who understand what they are buying. A $259K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 08302's metrics run below Cumberland County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 08302 includes headwinds that any investor should price in. Income distribution skews lower than Bridgeton averages, and tenant stability requires active management.
New investors are better served looking at Bridgeton's stable or hybrid ZIPs before stepping into 08302. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Bridgeton:
Property Strategy for 08302
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $199,268 | $1,690 | 6.1% | +14.1% | $99,634 |
| 3BR | $271,720 | $2,310 | 6.1% | +12.3% | $90,573 |
| 4BR | $341,388 | $2,330 | 4.9% | +10.8% | $85,347 |
| 5BR | $352,490 | — | — | +10.8% | $70,498 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08302 Compare?
| Metric | 08302 | Bridgeton | Vineland-Bridgeton, NJ | New Jersey |
|---|---|---|---|---|
| Home Value | $258,871 | $258,871 | N/A | $559,826 |
| 5-Year CAGR | 7.6% | 7.6% | N/A | 8.4% |
| Avg Rent | $1,500 | $1,500 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 08302 (Bridgeton, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,871 |
| Monthly Rent | $1,500 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.5%). 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 08302
Population: 47,003
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 08302
Schools in This ZIP Code
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 797 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are renters plentiful in Bridgeton, NJ?
Working renters make up the core of the Bridgeton, NJ tenant base. The pool is reasonable for investors targeting long-term holds.
Does Bridgeton, NJ favor landlords or tenants?
Rental owners in Bridgeton, NJ deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Does house hacking work in Bridgeton, NJ?
House hacking in Bridgeton, NJ is reasonable to execute. Prices around $259K and rents of $1,500/mo solid owner-occupant economics.
How tight is the rental market in Bridgeton, NJ?
Vacancy risk in Bridgeton, NJ is elevated. That supports measured cash flow for typical rental holds.
What do landlords charge for rent in Bridgeton, NJ?
Rent in Bridgeton, NJ is around $1,500/mo. The resulting rent-to-value relationship with $259K pricing is reasonable for most investor models.
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