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Affordable
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These days, finding an affordable place to live in the 07093 area can be challenging. Home prices in 07093 are now at a median cost of $484,656, lower than the New Jersey average of $496,577.
The average cost of rent is $1,773/mo in 07093, primarily driven by the current value of real estate in the 07093 area. In 07093, 73.60% of households rent, and 46.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07093 is $6,546 per month. Households that rent pay about 27.08% of their income on rent here. 07093’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 07047, NJ: equally priced homes
- 07086, NJ: higher priced homes
- 10069, NY: higher priced homes
- 10023, NY: higher priced homes
- 07087, NJ: equally priced homes
- 10024, NY: higher priced homes
- 10019, NY: higher priced homes
- 07022, NJ: equally priced homes
- 10036, NY: higher priced homes
- 10025, NY: higher priced homes
Zip Codes with Similar Populations
- 78520, TX: less expensive homes
- 22554, VA: higher priced homes
- 42101, KY: less expensive homes
- 80016, CO: higher priced homes
- 85041, AZ: less expensive homes
- 44256, OH: less expensive homes
- 94806, CA: higher priced homes
- 29072, SC: less expensive homes
- 11691, NY: higher priced homes
- 94558, CA: higher priced homes
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