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These days, finding an affordable place to live in the 07104 area can be challenging. Home prices in 07104 are now at a median cost of $319,551, lower than the New Jersey average of $388,929.
The average cost of rent is $1,209/mo in 07104, primarily driven by the current value of real estate in the 07104 area. While nearly 35.01% of residents own their homes outright in 07104, 73.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07104 is $3,922 per month. Households that rent pay about 30.83% of their income on rent here. 07104's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07107, NJ: less expensive homes
- 07032, NJ: higher priced homes
- 07029, NJ: higher priced homes
- 07109, NJ: equally priced homes
- 07017, NJ: less expensive homes
- 07102, NJ: equally priced homes
- 07103, NJ: less expensive homes
- 07031, NJ: higher priced homes
- 07003, NJ: higher priced homes
- 07018, NJ: less expensive homes
Zip Codes with Similar Populations
- 94539, CA: higher priced homes
- 14580, NY: less expensive homes
- 95037, CA: higher priced homes
- 60630, IL: equally priced homes
- 95376, CA: higher priced homes
- 60637, IL: less expensive homes
- 93117, CA: higher priced homes
- 33018, FL: equally priced homes
- 92557, CA: higher priced homes
- 33196, FL: higher priced homes
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