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Affordable
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These days, finding an affordable place to live in the 07058 area can be challenging. Home prices in 07058 are now at a median cost of $605,525, higher than the New Jersey average of $496,577.
The average cost of rent is $2,375/mo in 07058, primarily driven by the current value of real estate in the 07058 area. In 07058, 37.21% of households rent, and 41.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07058 is $11,875 per month. Households that rent pay about 20.00% of their income on rent here. 07058’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 07034, NJ: less expensive homes
- 07004, NJ: higher priced homes
- 07045, NJ: higher priced homes
- 07054, NJ: equally priced homes
- 07936, NJ: higher priced homes
- 07082, NJ: higher priced homes
- 07006, NJ: higher priced homes
- 07068, NJ: higher priced homes
- 07021, NJ: higher priced homes
- 07035, NJ: less expensive homes
Zip Codes with Similar Populations
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- 13309, NY: less expensive homes
- 64865, MO: less expensive homes
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- 32087, FL: less expensive homes
- 53119, WI: less expensive homes
- 06073, CT: less expensive homes
- 05661, VT: less expensive homes
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