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These days, finding an affordable place to live in the 07106 area can be challenging. Home prices in 07106 are now at a median cost of $235,900, lower than the New Jersey average of $388,929.
The average cost of rent is $1,226/mo in 07106, primarily driven by the current value of real estate in the 07106 area. While nearly 29.04% of residents own their homes outright in 07106, 60.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07106 is $3,993 per month. Households that rent pay about 30.71% of their income on rent here. 07106's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07111, NJ: equally priced homes
- 07018, NJ: equally priced homes
- 07079, NJ: higher priced homes
- 07040, NJ: higher priced homes
- 07050, NJ: higher priced homes
- 07103, NJ: equally priced homes
- 07108, NJ: equally priced homes
- 07112, NJ: equally priced homes
- 07017, NJ: higher priced homes
- 07107, NJ: higher priced homes
Zip Codes with Similar Populations
- 08759, NJ: less expensive homes
- 92883, CA: higher priced homes
- 95377, CA: higher priced homes
- 53207, WI: less expensive homes
- 03038, NH: higher priced homes
- 15235, PA: less expensive homes
- 33462, FL: higher priced homes
- 98683, WA: higher priced homes
- 92311, CA: less expensive homes
- 38301, TN: less expensive homes
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