Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07401 area can be challenging. Home prices in 07401 are now at a median cost of $752,997, higher than the New Jersey average of $388,929.
The average cost of rent is $2,425/mo in 07401, primarily driven by the current value of real estate in the 07401 area. While nearly 26.78% of residents own their homes outright in 07401, 22.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07401 is $12,918 per month. Households that rent pay about 18.77% of their income on rent here. 07401's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 07463, NJ: less expensive homes
- 07446, NJ: less expensive homes
- 07458, NJ: higher priced homes
- 07432, NJ: less expensive homes
- 07423, NJ: higher priced homes
- 07481, NJ: equally priced homes
- 07430, NJ: less expensive homes
- 07450, NJ: equally priced homes
- 07677, NJ: higher priced homes
- 07417, NJ: higher priced homes
Zip Codes with Similar Populations
- 08008, NJ: higher priced homes
- 31546, GA: less expensive homes
- 54021, WI: less expensive homes
- 49046, MI: less expensive homes
- 44889, OH: less expensive homes
- 44273, OH: less expensive homes
- 44081, OH: less expensive homes
- 01566, MA: less expensive homes
- 32435, FL: less expensive homes
- 32066, FL: less expensive homes
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