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Affordable
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These days, finding an affordable place to live in the 07043 area can be challenging. Home prices in 07043 are now at a median cost of $943,243, higher than the New Jersey average of $496,577.
The average cost of rent is $2,163/mo in 07043, primarily driven by the current value of real estate in the 07043 area. In 07043, 14.19% of households rent, and 33.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07043 is $18,051 per month. Households that rent pay about 11.98% of their income on rent here. 07043’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 07009, NJ: less expensive homes
- 07012, NJ: less expensive homes
- 07013, NJ: less expensive homes
- 07044, NJ: less expensive homes
- 07042, NJ: less expensive homes
- 07424, NJ: less expensive homes
- 07028, NJ: less expensive homes
- 07110, NJ: less expensive homes
- 07003, NJ: less expensive homes
- 07014, NJ: less expensive homes
Zip Codes with Similar Populations
- 33149, FL: higher priced homes
- 89005, NV: less expensive homes
- 93505, CA: less expensive homes
- 74344, OK: less expensive homes
- 29693, SC: less expensive homes
- 30830, GA: less expensive homes
- 32656, FL: less expensive homes
- 32968, FL: less expensive homes
- 33154, FL: equally priced homes
- 33498, FL: less expensive homes
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