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These days, finding an affordable place to live in the 07077 area can be challenging. Home prices in 07077 are now at a median cost of $428,637, lower than the New Jersey average of $496,577.
The average cost of rent is $1,132/mo in 07077, primarily driven by the current value of real estate in the 07077 area. In 07077, 25.68% of households rent, and 31.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07077 is $9,554 per month. Households that rent pay about 11.85% of their income on rent here. 07077’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
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Zip Codes with Similar Populations
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