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Expensive
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These days, finding an affordable place to live in the 07081 area can be challenging. Home prices in 07081 are now at a median cost of $462,340, higher than the New Jersey average of $388,929.
The average cost of rent is $1,783/mo in 07081, primarily driven by the current value of real estate in the 07081 area. While nearly 40.28% of residents own their homes outright in 07081, 33.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07081 is $10,668 per month. Households that rent pay about 16.71% of their income on rent here. 07081's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07041, NJ: higher priced homes
- 07033, NJ: less expensive homes
- 07088, NJ: less expensive homes
- 07901, NJ: higher priced homes
- 07078, NJ: higher priced homes
- 07092, NJ: higher priced homes
- 07083, NJ: less expensive homes
- 07016, NJ: higher priced homes
- 07027, NJ: less expensive homes
- 07040, NJ: higher priced homes
Zip Codes with Similar Populations
- 90245, CA: higher priced homes
- 04073, ME: less expensive homes
- 34117, FL: less expensive homes
- 56073, MN: less expensive homes
- 62568, IL: less expensive homes
- 28472, NC: less expensive homes
- 32091, FL: less expensive homes
- 32413, FL: less expensive homes
- 35016, AL: less expensive homes
- 36502, AL: less expensive homes
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