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These days, finding an affordable place to live in the 07208 area can be challenging. Home prices in 07208 are now at a median cost of $353,139, lower than the New Jersey average of $388,929.
The average cost of rent is $1,317/mo in 07208, primarily driven by the current value of real estate in the 07208 area. While nearly 39.72% of residents own their homes outright in 07208, 69.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07208 is $5,637 per month. Households that rent pay about 23.36% of their income on rent here. 07208's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07201, NJ: equally priced homes
- 07202, NJ: less expensive homes
- 07205, NJ: less expensive homes
- 07206, NJ: less expensive homes
- 07204, NJ: less expensive homes
- 07203, NJ: less expensive homes
- 07112, NJ: less expensive homes
- 07083, NJ: equally priced homes
- 07036, NJ: less expensive homes
- 07114, NJ: less expensive homes
Zip Codes with Similar Populations
- 98229, WA: higher priced homes
- 03301, NH: less expensive homes
- 22306, VA: higher priced homes
- 30311, GA: less expensive homes
- 45701, OH: less expensive homes
- 03102, NH: less expensive homes
- 97211, OR: higher priced homes
- 92649, CA: higher priced homes
- 92316, CA: equally priced homes
- 91355, CA: higher priced homes
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