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These days, finding an affordable place to live in the 07204 area can be challenging. Home prices in 07204 are now at a median cost of $453,820, lower than the New Jersey average of $496,577.
The average cost of rent is $1,641/mo in 07204, primarily driven by the current value of real estate in the 07204 area. In 07204, 40.94% of households rent, and 29.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07204 is $9,318 per month. Households that rent pay about 17.61% of their income on rent here. 07204’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07203, NJ: less expensive homes
- 07033, NJ: higher priced homes
- 07083, NJ: equally priced homes
- 07016, NJ: higher priced homes
- 07036, NJ: equally priced homes
- 07208, NJ: equally priced homes
- 07202, NJ: equally priced homes
- 07205, NJ: less expensive homes
- 07027, NJ: higher priced homes
- 07201, NJ: equally priced homes
Zip Codes with Similar Populations
- 97141, OR: less expensive homes
- 05201, VT: less expensive homes
- 07663, NJ: higher priced homes
- 78557, TX: less expensive homes
- 15116, PA: less expensive homes
- 95540, CA: less expensive homes
- 15370, PA: less expensive homes
- 39183, MS: less expensive homes
- 21054, MD: higher priced homes
- 38012, TN: less expensive homes
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