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These days, finding an affordable place to live in the 07311 area can be challenging. Home prices in 07311 are now at a median cost of $852,695, higher than the New Jersey average of $388,929.
The average cost of rent is $3,322/mo in 07311, primarily driven by the current value of real estate in the 07311 area. While nearly 13.94% of residents own their homes outright in 07311, 73.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07311 is $17,401 per month. Households that rent pay about 19.09% of their income on rent here. 07311's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 07302, NJ: equally priced homes
- 07310, NJ: less expensive homes
- 10282, NY: higher priced homes
- 10281, NY: higher priced homes
- 10280, NY: higher priced homes
- 10006, NY: equally priced homes
- 10007, NY: higher priced homes
- 10004, NY: higher priced homes
- 10013, NY: higher priced homes
- 10278, NY: higher priced homes
Zip Codes with Similar Populations
- 79019, TX: less expensive homes
- 58356, ND: less expensive homes
- 24479, VA: less expensive homes
- 76351, TX: less expensive homes
- 73543, OK: less expensive homes
- 56449, MN: less expensive homes
- 32227, FL: less expensive homes
- 58059, ND: less expensive homes
- 51443, IA: less expensive homes
- 39108, MS: less expensive homes
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