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These days, finding an affordable place to live in the 07105 area can be challenging. Home prices in 07105 are now at a median cost of $396,144, higher than the New Jersey average of $388,929.
The average cost of rent is $1,375/mo in 07105, primarily driven by the current value of real estate in the 07105 area. While nearly 51.80% of residents own their homes outright in 07105, 78.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07105 is $4,120 per month. Households that rent pay about 33.38% of their income on rent here. 07105's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07102, NJ: less expensive homes
- 07029, NJ: equally priced homes
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- 07108, NJ: less expensive homes
- 07032, NJ: equally priced homes
- 07104, NJ: less expensive homes
- 07107, NJ: less expensive homes
- 07112, NJ: less expensive homes
- 07305, NJ: less expensive homes
Zip Codes with Similar Populations
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- 97702, OR: higher priced homes
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- 11101, NY: higher priced homes
- 92886, CA: higher priced homes
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