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These days, finding an affordable place to live in the 07074 area can be challenging. Home prices in 07074 are now at a median cost of $408,304, higher than the New Jersey average of $388,929.
The average cost of rent is $1,440/mo in 07074, primarily driven by the current value of real estate in the 07074 area. While nearly 52.49% of residents own their homes outright in 07074, 31.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07074 is $6,573 per month. Households that rent pay about 21.90% of their income on rent here. 07074's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 07643, NJ: less expensive homes
- 07608, NJ: equally priced homes
- 07606, NJ: equally priced homes
- 07075, NJ: higher priced homes
- 07072, NJ: higher priced homes
- 07604, NJ: higher priced homes
- 07660, NJ: equally priced homes
- 07073, NJ: equally priced homes
- 07057, NJ: equally priced homes
- 07603, NJ: less expensive homes
Zip Codes with Similar Populations
- 29438, SC: less expensive homes
- 04756, ME: less expensive homes
- 81432, CO: higher priced homes
- 76470, TX: less expensive homes
- 40370, KY: less expensive homes
- 85542, AZ: less expensive homes
- 87937, NM: less expensive homes
- 04287, ME: less expensive homes
- 12531, NY: less expensive homes
- 75833, TX: less expensive homes
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