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These days, finding an affordable place to live in the 07002 area can be challenging. Home prices in 07002 are now at a median cost of $373,453, lower than the New Jersey average of $388,929.
The average cost of rent is $1,427/mo in 07002, primarily driven by the current value of real estate in the 07002 area. While nearly 40.14% of residents own their homes outright in 07002, 61.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07002 is $6,484 per month. Households that rent pay about 22.00% of their income on rent here. 07002's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 10310, NY: higher priced homes
- 10302, NY: higher priced homes
- 10301, NY: higher priced homes
- 07305, NJ: less expensive homes
- 10303, NY: equally priced homes
- 07206, NJ: less expensive homes
- 10304, NY: higher priced homes
- 07304, NJ: equally priced homes
- 07201, NJ: equally priced homes
- 07105, NJ: equally priced homes
Zip Codes with Similar Populations
- 79928, TX: less expensive homes
- 30040, GA: equally priced homes
- 60617, IL: less expensive homes
- 94536, CA: higher priced homes
- 85326, AZ: less expensive homes
- 10472, NY: higher priced homes
- 95630, CA: higher priced homes
- 63376, MO: less expensive homes
- 60657, IL: higher priced homes
- 91709, CA: higher priced homes
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