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Expensive
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These days, finding an affordable place to live in the 07029 area can be challenging. Home prices in 07029 are now at a median cost of $407,087, higher than the New Jersey average of $388,929.
The average cost of rent is $1,672/mo in 07029, primarily driven by the current value of real estate in the 07029 area. While nearly 47.42% of residents own their homes outright in 07029, 76.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07029 is $6,469 per month. Households that rent pay about 25.84% of their income on rent here. 07029's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 07032, NJ: less expensive homes
- 07102, NJ: less expensive homes
- 07105, NJ: equally priced homes
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- 07103, NJ: less expensive homes
- 07114, NJ: less expensive homes
- 07108, NJ: less expensive homes
- 07017, NJ: less expensive homes
- 07031, NJ: equally priced homes
Zip Codes with Similar Populations
- 28461, NC: equally priced homes
- 06437, CT: equally priced homes
- 43231, OH: less expensive homes
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- 23061, VA: less expensive homes
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- 71446, LA: less expensive homes
- 11692, NY: higher priced homes
- 10703, NY: less expensive homes
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