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These days, finding an affordable place to live in the 07114 area can be challenging. Home prices in 07114 are now at a median cost of $320,617, lower than the New Jersey average of $388,929.
The average cost of rent is $712/mo in 07114, primarily driven by the current value of real estate in the 07114 area. While nearly 37.33% of residents own their homes outright in 07114, 82.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07114 is $2,485 per month. Households that rent pay about 28.66% of their income on rent here. 07114's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07108, NJ: less expensive homes
- 07102, NJ: equally priced homes
- 07112, NJ: less expensive homes
- 07105, NJ: higher priced homes
- 07103, NJ: less expensive homes
- 07205, NJ: equally priced homes
- 07029, NJ: higher priced homes
- 07111, NJ: less expensive homes
- 07201, NJ: equally priced homes
- 07106, NJ: less expensive homes
Zip Codes with Similar Populations
- 40962, KY: less expensive homes
- 94945, CA: higher priced homes
- 32141, FL: less expensive homes
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- 78255, TX: higher priced homes
- 70427, LA: less expensive homes
- 36527, AL: less expensive homes
- 43952, OH: less expensive homes
- 97239, OR: higher priced homes
- 79360, TX: less expensive homes
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