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These days, finding an affordable place to live in the 07302 area can be challenging. Home prices in 07302 are now at a median cost of $899,694, higher than the New Jersey average of $496,577.
The average cost of rent is $3,001/mo in 07302, primarily driven by the current value of real estate in the 07302 area. In 07302, 76.91% of households rent, and 29.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07302 is $14,984 per month. Households that rent pay about 20.03% of their income on rent here. 07302’s most expensive areas are in the central regions, while the cheapest areas are in the western 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
- 07311, NJ: higher priced homes
- 07310, NJ: less expensive homes
- 07306, NJ: less expensive homes
- 10282, NY: higher priced homes
- 10280, NY: higher priced homes
- 10281, NY: higher priced homes
- 07304, NJ: less expensive homes
- 10006, NY: higher priced homes
- 07030, NJ: equally priced homes
- 10007, NY: higher priced homes
Zip Codes with Similar Populations
- 78852, TX: less expensive homes
- 95023, CA: less expensive homes
- 94122, CA: higher priced homes
- 29730, SC: less expensive homes
- 20904, MD: less expensive homes
- 77469, TX: less expensive homes
- 77015, TX: less expensive homes
- 10003, NY: higher priced homes
- 07306, NJ: less expensive homes
- 92646, CA: higher priced homes
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