Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07078 area can be challenging. Home prices in 07078 are now at a median cost of $1,408,867, higher than the New Jersey average of $388,929.
The average cost of rent is $3,230/mo in 07078, primarily driven by the current value of real estate in the 07078 area. While nearly 32.27% of residents own their homes outright in 07078, 11.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07078 is $20,141 per month. Households that rent pay about 16.04% of their income on rent here. 07078's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 07041, NJ: less expensive homes
- 07081, NJ: less expensive homes
- 07901, NJ: less expensive homes
- 07088, NJ: less expensive homes
- 07040, NJ: less expensive homes
- 07079, NJ: less expensive homes
- 07039, NJ: less expensive homes
- 07928, NJ: less expensive homes
- 07083, NJ: less expensive homes
- 07932, NJ: less expensive homes
Zip Codes with Similar Populations
- 93514, CA: less expensive homes
- 95252, CA: less expensive homes
- 56082, MN: less expensive homes
- 32063, FL: less expensive homes
- 19971, DE: less expensive homes
- 74955, OK: less expensive homes
- 12771, NY: less expensive homes
- 85007, AZ: less expensive homes
- 90265, CA: higher priced homes
- 37166, TN: less expensive homes
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