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These days, finding an affordable place to live in the 07008 area can be challenging. Home prices in 07008 are now at a median cost of $269,501, lower than the New Jersey average of $388,929.
The average cost of rent is $1,554/mo in 07008, primarily driven by the current value of real estate in the 07008 area. While nearly 45.54% of residents own their homes outright in 07008, 36.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07008 is $6,812 per month. Households that rent pay about 22.81% of their income on rent here. 07008's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07064, NJ: higher priced homes
- 07077, NJ: higher priced homes
- 07001, NJ: equally priced homes
- 10311, NY: higher priced homes
- 07065, NJ: equally priced homes
- 10309, NY: higher priced homes
- 07095, NJ: higher priced homes
- 10312, NY: higher priced homes
- 07036, NJ: higher priced homes
- 10314, NY: higher priced homes
Zip Codes with Similar Populations
- 86406, AZ: higher priced homes
- 28443, NC: equally priced homes
- 89406, NV: less expensive homes
- 90403, CA: higher priced homes
- 91403, CA: higher priced homes
- 90303, CA: higher priced homes
- 02026, MA: higher priced homes
- 85750, AZ: higher priced homes
- 94506, CA: higher priced homes
- 60175, IL: higher priced homes
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