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These days, finding an affordable place to live in the 07306 area can be challenging. Home prices in 07306 are now at a median cost of $435,991, higher than the New Jersey average of $388,929.
The average cost of rent is $1,405/mo in 07306, primarily driven by the current value of real estate in the 07306 area. While nearly 43.83% of residents own their homes outright in 07306, 76.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07306 is $6,019 per month. Households that rent pay about 23.34% of their income on rent here. 07306's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07304, NJ: less expensive homes
- 07307, NJ: higher priced homes
- 07302, NJ: higher priced homes
- 07310, NJ: higher priced homes
- 07311, NJ: higher priced homes
- 07030, NJ: higher priced homes
- 07305, NJ: less expensive homes
- 10282, NY: higher priced homes
- 10280, NY: higher priced homes
- 07087, NJ: equally priced homes
Zip Codes with Similar Populations
- 78852, TX: less expensive homes
- 96744, HI: higher priced homes
- 43015, OH: less expensive homes
- 95023, CA: higher priced homes
- 85008, AZ: less expensive homes
- 29730, SC: less expensive homes
- 80022, CO: less expensive homes
- 78223, TX: less expensive homes
- 77469, TX: less expensive homes
- 77015, TX: less expensive homes
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