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These days, finding an affordable place to live in the 07420 area can be challenging. Home prices in 07420 are now at a median cost of $292,458, lower than the New Jersey average of $388,929.
The average cost of rent is $2,644/mo in 07420, primarily driven by the current value of real estate in the 07420 area. While nearly 35.38% of residents own their homes outright in 07420, 23.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07420 is $10,167 per month. Households that rent pay about 26.01% of their income on rent here. 07420's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07465, NJ: higher priced homes
- 07442, NJ: higher priced homes
- 07403, NJ: higher priced homes
- 07457, NJ: higher priced homes
- 07436, NJ: higher priced homes
- 07444, NJ: higher priced homes
- 07405, NJ: higher priced homes
- 07456, NJ: higher priced homes
- 07417, NJ: higher priced homes
- 07440, NJ: higher priced homes
Zip Codes with Similar Populations
- 45856, OH: less expensive homes
- 21758, MD: higher priced homes
- 55320, MN: equally priced homes
- 35760, AL: less expensive homes
- 06331, CT: less expensive homes
- 35470, AL: less expensive homes
- 52772, IA: less expensive homes
- 98251, WA: higher priced homes
- 03603, NH: less expensive homes
- 47635, IN: less expensive homes
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