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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 $514,250, higher than the New Jersey average of $388,929.
The average cost of rent is $1,682/mo in 07070, primarily driven by the current value of real estate in the 07070 area. While nearly 35.54% of residents own their homes outright in 07070, 43.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07070 is $9,891 per month. Households that rent pay about 17.00% of their income on rent here. 07070's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07073, NJ: less expensive homes
- 07072, NJ: equally priced homes
- 07014, NJ: less expensive homes
- 07071, NJ: less expensive homes
- 07057, NJ: less expensive homes
- 07075, NJ: equally priced homes
- 07055, NJ: less expensive homes
- 07110, NJ: less expensive homes
- 07012, NJ: less expensive homes
- 07031, NJ: less expensive homes
Zip Codes with Similar Populations
- 73036, OK: less expensive homes
- 33440, FL: less expensive homes
- 53190, WI: less expensive homes
- 44057, OH: less expensive homes
- 94563, CA: higher priced homes
- 15202, PA: less expensive homes
- 36507, AL: less expensive homes
- 44333, OH: less expensive homes
- 33760, FL: less expensive homes
- 30540, GA: less expensive homes
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