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Affordable
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These days, finding an affordable place to live in the 07028 area can be challenging. Home prices in 07028 are now at a median cost of $819,971, higher than the New Jersey average of $496,577.
The average cost of rent is $2,485/mo in 07028, primarily driven by the current value of real estate in the 07028 area. In 07028, 12.46% of households rent, and 19.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07028 is $18,235 per month. Households that rent pay about 13.63% of their income on rent here. 07028’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
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Zip Codes with Similar Populations
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- 46962, IN: less expensive homes
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