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Affordable
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These days, finding an affordable place to live in the 07083 area can be challenging. Home prices in 07083 are now at a median cost of $459,773, lower than the New Jersey average of $496,577.
The average cost of rent is $2,010/mo in 07083, primarily driven by the current value of real estate in the 07083 area. In 07083, 27.16% of households rent, and 30.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07083 is $10,334 per month. Households that rent pay about 19.45% of their income on rent here. 07083’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 07088, NJ: less expensive homes
- 07033, NJ: higher priced homes
- 07205, NJ: less expensive homes
- 07204, NJ: equally priced homes
- 07040, NJ: higher priced homes
- 07041, NJ: higher priced homes
- 07208, NJ: equally priced homes
- 07111, NJ: less expensive homes
- 07081, NJ: higher priced homes
- 07203, NJ: less expensive homes
Zip Codes with Similar Populations
- 78852, TX: less expensive homes
- 07306, NJ: higher priced homes
- 10003, NY: higher priced homes
- 93436, CA: equally priced homes
- 07302, NJ: higher priced homes
- 35242, AL: higher priced homes
- 92646, CA: higher priced homes
- 45044, OH: less expensive homes
- 60638, IL: less expensive homes
- 70072, LA: less expensive homes
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