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Affordable
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These days, finding an affordable place to live in the 07041 area can be challenging. Home prices in 07041 are now at a median cost of $937,931, higher than the New Jersey average of $496,577.
The average cost of rent is $2,402/mo in 07041, primarily driven by the current value of real estate in the 07041 area. In 07041, 28.30% of households rent, and 40.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07041 is $17,341 per month. Households that rent pay about 13.85% of their income on rent here. 07041’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
- 07088, NJ: less expensive homes
- 07078, NJ: higher priced homes
- 07040, NJ: less expensive homes
- 07081, NJ: less expensive homes
- 07083, NJ: less expensive homes
- 07079, NJ: less expensive homes
- 07033, NJ: less expensive homes
- 07901, NJ: higher priced homes
- 07111, NJ: less expensive homes
- 07106, NJ: less expensive homes
Zip Codes with Similar Populations
- 87035, NM: less expensive homes
- 81647, CO: less expensive homes
- 46034, IN: less expensive homes
- 54724, WI: less expensive homes
- 54153, WI: less expensive homes
- 54025, WI: less expensive homes
- 53097, WI: less expensive homes
- 53010, WI: less expensive homes
- 52349, IA: less expensive homes
- 52333, IA: less expensive homes
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