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These days, finding an affordable place to live in the 07011 area can be challenging. Home prices in 07011 are now at a median cost of $341,786, lower than the New Jersey average of $388,929.
The average cost of rent is $1,503/mo in 07011, primarily driven by the current value of real estate in the 07011 area. While nearly 36.78% of residents own their homes outright in 07011, 53.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07011 is $6,077 per month. Households that rent pay about 24.73% of their income on rent here. 07011's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 07503, NJ: less expensive homes
- 07055, NJ: equally priced homes
- 07013, NJ: higher priced homes
- 07026, NJ: higher priced homes
- 07513, NJ: less expensive homes
- 07407, NJ: higher priced homes
- 07012, NJ: higher priced homes
- 07504, NJ: equally priced homes
- 07057, NJ: higher priced homes
- 07501, NJ: less expensive homes
Zip Codes with Similar Populations
- 26554, WV: less expensive homes
- 10573, NY: higher priced homes
- 10705, NY: higher priced homes
- 92308, CA: less expensive homes
- 11369, NY: higher priced homes
- 11743, NY: higher priced homes
- 91739, CA: higher priced homes
- 91733, CA: higher priced homes
- 90802, CA: higher priced homes
- 20785, MD: less expensive homes
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