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Expensive
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These days, finding an affordable place to live in the 07071 area can be challenging. Home prices in 07071 are now at a median cost of $431,685, higher than the New Jersey average of $388,929.
The average cost of rent is $1,438/mo in 07071, primarily driven by the current value of real estate in the 07071 area. While nearly 34.59% of residents own their homes outright in 07071, 41.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07071 is $7,477 per month. Households that rent pay about 19.24% of their income on rent here. 07071's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07031, NJ: less expensive homes
- 07070, NJ: higher priced homes
- 07014, NJ: less expensive homes
- 07110, NJ: equally priced homes
- 07073, NJ: equally priced homes
- 07109, NJ: less expensive homes
- 07072, NJ: higher priced homes
- 07057, NJ: less expensive homes
- 07032, NJ: less expensive homes
- 07012, NJ: equally priced homes
Zip Codes with Similar Populations
- 07029, NJ: equally priced homes
- 96130, CA: less expensive homes
- 32080, FL: equally priced homes
- 27312, NC: less expensive homes
- 48182, MI: less expensive homes
- 48473, MI: less expensive homes
- 34286, FL: less expensive homes
- 33486, FL: higher priced homes
- 15143, PA: equally priced homes
- 18902, PA: higher priced homes
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