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These days, finding an affordable place to live in the 07024 area can be challenging. Home prices in 07024 are now at a median cost of $415,177, higher than the New Jersey average of $388,929.
The average cost of rent is $2,051/mo in 07024, primarily driven by the current value of real estate in the 07024 area. While nearly 53.93% of residents own their homes outright in 07024, 48.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07024 is $8,300 per month. Households that rent pay about 24.71% of their income on rent here. 07024's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07605, NJ: higher priced homes
- 07650, NJ: higher priced homes
- 07020, NJ: higher priced homes
- 07657, NJ: equally priced homes
- 10032, NY: higher priced homes
- 10033, NY: higher priced homes
- 07010, NJ: higher priced homes
- 10031, NY: higher priced homes
- 10040, NY: equally priced homes
- 07632, NJ: higher priced homes
Zip Codes with Similar Populations
- 48105, MI: equally priced homes
- 75220, TX: equally priced homes
- 20707, MD: less expensive homes
- 21157, MD: less expensive homes
- 60137, IL: equally priced homes
- 98198, WA: equally priced homes
- 55110, MN: less expensive homes
- 28411, NC: less expensive homes
- 75042, TX: less expensive homes
- 95695, CA: equally priced homes
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