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These days, finding an affordable place to live in the 07202 area can be challenging. Home prices in 07202 are now at a median cost of $307,898, lower than the New Jersey average of $388,929.
The average cost of rent is $1,329/mo in 07202, primarily driven by the current value of real estate in the 07202 area. While nearly 56.68% of residents own their homes outright in 07202, 77.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07202 is $4,783 per month. Households that rent pay about 27.78% of their income on rent here. 07202's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07208, NJ: higher priced homes
- 07201, NJ: higher priced homes
- 07206, NJ: less expensive homes
- 07203, NJ: less expensive homes
- 07036, NJ: equally priced homes
- 07204, NJ: equally priced homes
- 07205, NJ: equally priced homes
- 07083, NJ: higher priced homes
- 10303, NY: higher priced homes
- 07112, NJ: less expensive homes
Zip Codes with Similar Populations
- 48310, MI: less expensive homes
- 43147, OH: less expensive homes
- 43551, OH: less expensive homes
- 92054, CA: higher priced homes
- 92109, CA: higher priced homes
- 78634, TX: equally priced homes
- 28376, NC: less expensive homes
- 28105, NC: equally priced homes
- 48212, MI: less expensive homes
- 27215, NC: less expensive homes
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