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These days, finding an affordable place to live in the 07418 area can be challenging. Home prices in 07418 are now at a median cost of $274,737, lower than the New Jersey average of $388,929.
The average cost of rent is $1,556/mo in 07418, primarily driven by the current value of real estate in the 07418 area. While nearly 22.59% of residents own their homes outright in 07418, 3.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07418 is $10,668 per month. Households that rent pay about 14.59% of their income on rent here. 07418's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07462, NJ: less expensive homes
- 10969, NY: higher priced homes
- 07422, NJ: less expensive homes
- 07461, NJ: equally priced homes
- 10988, NY: higher priced homes
- 10990, NY: higher priced homes
- 07419, NJ: equally priced homes
- 10998, NY: higher priced homes
- 07421, NJ: higher priced homes
- 10933, NY: higher priced homes
Zip Codes with Similar Populations
- 23883, VA: less expensive homes
- 79245, TX: less expensive homes
- 17845, PA: less expensive homes
- 17009, PA: less expensive homes
- 14879, NY: less expensive homes
- 10917, NY: higher priced homes
- 53923, WI: less expensive homes
- 43527, OH: less expensive homes
- 44048, OH: less expensive homes
- 44867, OH: less expensive homes
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