Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07045 area can be challenging. Home prices in 07045 are now at a median cost of $625,993, higher than the New Jersey average of $388,929.
The average cost of rent is $1,952/mo in 07045, primarily driven by the current value of real estate in the 07045 area. While nearly 43.04% of residents own their homes outright in 07045, 3.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07045 is $12,965 per month. Households that rent pay about 15.06% of their income on rent here. 07045's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07082, NJ: less expensive homes
- 07034, NJ: less expensive homes
- 07005, NJ: less expensive homes
- 07058, NJ: less expensive homes
- 07035, NJ: less expensive homes
- 07054, NJ: less expensive homes
- 07046, NJ: higher priced homes
- 07004, NJ: less expensive homes
- 07440, NJ: less expensive homes
- 07444, NJ: less expensive homes
Zip Codes with Similar Populations
- 31639, GA: less expensive homes
- 06883, CT: higher priced homes
- 22307, VA: equally priced homes
- 11023, NY: higher priced homes
- 39577, MS: less expensive homes
- 34956, FL: less expensive homes
- 83316, ID: less expensive homes
- 16901, PA: less expensive homes
- 13165, NY: less expensive homes
- 13357, NY: less expensive homes
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