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These days, finding an affordable place to live in the 07004 area can be challenging. Home prices in 07004 are now at a median cost of $569,608, higher than the New Jersey average of $388,929.
The average cost of rent is $2,242/mo in 07004, primarily driven by the current value of real estate in the 07004 area. While nearly 31.10% of residents own their homes outright in 07004, 10.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07004 is $10,482 per month. Households that rent pay about 21.39% of their income on rent here. 07004's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 07006, NJ: equally priced homes
- 07058, NJ: less expensive homes
- 07035, NJ: less expensive homes
- 07021, NJ: higher priced homes
- 07082, NJ: equally priced homes
- 07009, NJ: equally priced homes
- 07045, NJ: higher priced homes
- 07068, NJ: equally priced homes
- 07044, NJ: less expensive homes
- 07424, NJ: less expensive homes
Zip Codes with Similar Populations
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- 43028, OH: less expensive homes
- 79838, TX: less expensive homes
- 88242, NM: less expensive homes
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