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Expensive
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These days, finding an affordable place to live in the 07088 area can be challenging. Home prices in 07088 are now at a median cost of $301,725, lower than the New Jersey average of $388,929.
The average cost of rent is $1,576/mo in 07088, primarily driven by the current value of real estate in the 07088 area. While nearly 32.15% of residents own their homes outright in 07088, 39.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07088 is $6,195 per month. Households that rent pay about 25.45% of their income on rent here. 07088's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 07041, NJ: higher priced homes
- 07040, NJ: higher priced homes
- 07083, NJ: higher priced homes
- 07079, NJ: higher priced homes
- 07081, NJ: higher priced homes
- 07078, NJ: higher priced homes
- 07111, NJ: less expensive homes
- 07033, NJ: higher priced homes
- 07106, NJ: less expensive homes
- 07205, NJ: equally priced homes
Zip Codes with Similar Populations
- 62690, IL: less expensive homes
- 45369, OH: less expensive homes
- 11732, NY: higher priced homes
- 11749, NY: equally priced homes
- 44473, OH: less expensive homes
- 92135, CA: higher priced homes
- 44234, OH: less expensive homes
- 12404, NY: equally priced homes
- 12443, NY: less expensive homes
- 12526, NY: equally priced homes
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