Area data
Allenwood, NJ — ZIP 08720
Population: 735 (Census ACS)
The median home value in ZIP 08720 (Allenwood, NJ) is $1.03M — up 7.1% over the past year. Homes sell for a median $1.00M after a median 72 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with lightning, strongwind, winterweather the top-rated hazards. Cost of living is 12.5% above the US average (BEA, metro/state-level).
$1.03M
Median home value
+7.1%
1-year change
72
Median days on market
Relatively High
Hazard risk (county)
Home values & appreciation
- Median home value
- $1.03M
- 1-year appreciation
- +7.1%
- 3-year appreciation
- +20.8%
- 5-year appreciation
- +44.6%
- All-time peak (2026-07)
- $1.03M
- House Price Index (state)
- 430.8 (+5.2% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $1.00M
- Median list price
- $1.10M
- Median price per sqft
- $363
- 1-year sale-price change
- +10.7%
- Median days on market
- 72 days
- Homes sold (recent period)
- 2
- Sale-to-list ratio
- 99.4%
- Active listings
- 2
- 1-year forecast
- +2.7%
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $1,670/mo
- 1BR fair-market rent
- $1,880/mo
- 2BR fair-market rent
- $2,310/mo
- 3BR fair-market rent
- $3,030/mo
- 4BR fair-market rent
- $3,350/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively High
- Top hazards (county)
- lightning, strongWind, winterWeather, coastalFlooding, heatWave
- Notable hazard ratings (county)
- coastalFlooding: Relatively High · coldWave: Relatively Moderate · drought: Relatively Moderate · earthquake: Relatively Moderate · heatWave: Relatively High · hurricane: Relatively Moderate
- Wildfire risk to homes (county)
- Higher than 63% of US counties
- Buildings in wildfire direct-exposure zone
- 30.9%
- Radon potential (county)
- High radon potential — EPA Zone 1 of 3
- EPA Superfund (NPL) sites within 5 mi
- 6
- Nearest Superfund site
- Brick Township Landfill (2.2 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 52.0 in
- USDA plant hardiness zone
- 7b (extreme annual low 5 to 10°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 39
- Days with Good air quality
- 210
- Days with Moderate air quality
- 35
- Highest AQI recorded (year)
- 140
Source: EPA air quality data (nearest monitoring station, annual)
Amenities
- National parks within ~60 mi
- 24
- Nearest national park
- New Jersey Pinelands National Reserve (31 mi)
- National parks include
- New Jersey Pinelands National Reserve, Gateway National Recreation Area, National Parks of New York Harbor
- Airports within 30 mi
- 13
- Nearest airport
- Monmouth Executive Airport (BLM) (3 mi)
- Nearest major airport
- Lakehurst Maxfield Field Airport (NEL) (15 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Hospitals include
- MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
- Avg hospital rating (CMS)
- 3.1 / 5
- Best hospital rating nearby (CMS)
- 5.0 / 5
- EV charging stations (within 10 mi)
- 60
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -1,584 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,960
- Housing built before 1970
- 69.3%
- Housing built 2000 or later
- 5.7%
- Median annual property tax
- $10,001
- Households with broadband internet
- 100.0%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 239,227
- Average weekly wage
- $1,298
- Top industries (by employment)
- Health Care, Accommodation & Food, Professional Services
- Annual residential building permits (county)
- 1,793
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 08720 | State median | US median | |
|---|---|---|---|
| Median home value | $1.03M | $577,759 | $289,727 |
| Median sale price | $1.00M | $555,000 | $325,000 |
| Median days on market | 72 days | 42 days | 51 days |
| Median annual property tax | $10,001 | $9,504 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 08720?
- $1.03M.
- What is the median sale price in ZIP 08720?
- $1.00M.
- How long do homes take to sell in ZIP 08720?
- Median days on market: 72 days.
- What is typical rent in ZIP 08720?
- 2-bedroom fair-market rent: $2,310/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in ZIP 08720?
- Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: lightning, strongWind, winterWeather, coastalFlooding, heatWave.
- What is the wildfire risk in ZIP 08720?
- Risk to homes is higher than 63% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 08720?
- High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 08720?
- 6 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Brick Township Landfill, 2.2 mi.
- What is the air quality in ZIP 08720?
- Good. Median AQI: 39. (EPA AQI).
- What is the cost of living in ZIP 08720?
- Regional Price Parity: 112.5 (100 = US average) (High) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →