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These days, finding an affordable place to live in the 07034 area can be challenging. Home prices in 07034 are now at a median cost of $436,710, lower than the New Jersey average of $496,577.
The average cost of rent is $1,542/mo in 07034, primarily driven by the current value of real estate in the 07034 area. In 07034, 42.04% of households rent, and 46.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07034 is $9,653 per month. Households that rent pay about 15.98% of their income on rent here. 07034’s most expensive areas are in the southwestern 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
- 07045, NJ: higher priced homes
- 07054, NJ: higher priced homes
- 07058, NJ: higher priced homes
- 07005, NJ: higher priced homes
- 07046, NJ: higher priced homes
- 07082, NJ: higher priced homes
- 07004, NJ: higher priced homes
- 07936, NJ: higher priced homes
- 07981, NJ: higher priced homes
- 07878, NJ: equally priced homes
Zip Codes with Similar Populations
- 17866, PA: less expensive homes
- 29510, SC: less expensive homes
- 29574, SC: less expensive homes
- 31329, GA: less expensive homes
- 28445, NC: equally priced homes
- 32680, FL: less expensive homes
- 35769, AL: less expensive homes
- 36274, AL: less expensive homes
- 36467, AL: less expensive homes
- 25312, WV: less expensive homes
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