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These days, finding an affordable place to live in the 07073 area can be challenging. Home prices in 07073 are now at a median cost of $466,901, lower than the New Jersey average of $496,577.
The average cost of rent is $2,057/mo in 07073, primarily driven by the current value of real estate in the 07073 area. In 07073, 64.60% of households rent, and 45.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07073 is $7,864 per month. Households that rent pay about 26.16% of their income on rent here. 07073’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 07072, NJ: higher priced homes
- 07070, NJ: higher priced homes
- 07057, NJ: higher priced homes
- 07075, NJ: higher priced homes
- 07014, NJ: higher priced homes
- 07055, NJ: less expensive homes
- 07071, NJ: higher priced homes
- 07604, NJ: higher priced homes
- 07074, NJ: less expensive homes
- 07608, NJ: equally priced homes
Zip Codes with Similar Populations
- 37397, TN: less expensive homes
- 08251, NJ: less expensive homes
- 98606, WA: higher priced homes
- 32038, FL: less expensive homes
- 29702, SC: less expensive homes
- 71832, AR: less expensive homes
- 72740, AR: less expensive homes
- 75551, TX: less expensive homes
- 76655, TX: less expensive homes
- 77418, TX: less expensive homes
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