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These days, finding an affordable place to live in the 07014 area can be challenging. Home prices in 07014 are now at a median cost of $520,700, higher than the New Jersey average of $496,577.
The average cost of rent is $2,280/mo in 07014, primarily driven by the current value of real estate in the 07014 area. In 07014, 25.03% of households rent, and 23.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07014 is $11,960 per month. Households that rent pay about 19.06% of their income on rent here. 07014’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07070, NJ: higher priced homes
- 07110, NJ: equally priced homes
- 07012, NJ: equally priced homes
- 07073, NJ: less expensive homes
- 07055, NJ: less expensive homes
- 07071, NJ: equally priced homes
- 07057, NJ: equally priced homes
- 07072, NJ: higher priced homes
- 07075, NJ: equally priced homes
- 07013, NJ: equally priced homes
Zip Codes with Similar Populations
- 71857, AR: less expensive homes
- 86334, AZ: less expensive homes
- 12986, NY: less expensive homes
- 83355, ID: less expensive homes
- 81435, CO: higher priced homes
- 13753, NY: less expensive homes
- 15330, PA: less expensive homes
- 79088, TX: less expensive homes
- 76579, TX: less expensive homes
- 76557, TX: less expensive homes
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