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Affordable
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These days, finding an affordable place to live in the 07422 area can be challenging. Home prices in 07422 are now at a median cost of $316,379, lower than the New Jersey average of $496,577.
The average cost of rent is $2,280/mo in 07422, primarily driven by the current value of real estate in the 07422 area. In 07422, 4.45% of households rent, and 29.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07422 is $9,417 per month. Households that rent pay about 24.21% of their income on rent here. 07422’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07462, NJ: less expensive homes
- 07418, NJ: higher priced homes
- 07421, NJ: higher priced homes
- 07419, NJ: equally priced homes
- 07460, NJ: higher priced homes
- 07480, NJ: higher priced homes
- 10990, NY: higher priced homes
- 10969, NY: higher priced homes
- 07461, NJ: higher priced homes
- 10925, NY: higher priced homes
Zip Codes with Similar Populations
- 28572, NC: less expensive homes
- 39341, MS: less expensive homes
- 37029, TN: higher priced homes
- 33471, FL: less expensive homes
- 32531, FL: equally priced homes
- 30739, GA: less expensive homes
- 30710, GA: less expensive homes
- 30175, GA: equally priced homes
- 30113, GA: less expensive homes
- 29477, SC: less expensive homes
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