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These days, finding an affordable place to live in the 07070 area can be challenging. Home prices in 07070 are now at a median cost of $599,414, higher than the New Jersey average of $496,577.
The average cost of rent is $2,081/mo in 07070, primarily driven by the current value of real estate in the 07070 area. In 07070, 36.60% of households rent, and 41.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07070 is $13,065 per month. Households that rent pay about 15.93% of their income on rent here. 07070’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 07073, NJ: less expensive homes
- 07072, NJ: equally priced homes
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- 07075, NJ: equally priced homes
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- 07110, NJ: less expensive homes
- 07012, NJ: less expensive homes
- 07031, NJ: less expensive homes
Zip Codes with Similar Populations
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- 33440, FL: less expensive homes
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- 94563, CA: higher priced homes
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- 44333, OH: less expensive homes
- 33760, FL: less expensive homes
- 30540, GA: less expensive homes
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