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These days, finding an affordable place to live in the 07432 area can be challenging. Home prices in 07432 are now at a median cost of $600,562, higher than the New Jersey average of $496,577.
The average cost of rent is $1,864/mo in 07432, primarily driven by the current value of real estate in the 07432 area. In 07432, 27.46% of households rent, and 43.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07432 is $11,738 per month. Households that rent pay about 15.88% of their income on rent here. 07432’s most expensive areas are in the northern regions, while the cheapest areas are in the northeastern 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
- 07481, NJ: higher priced homes
- 07463, NJ: equally priced homes
- 07450, NJ: higher priced homes
- 07423, NJ: higher priced homes
- 07452, NJ: higher priced homes
- 07401, NJ: higher priced homes
- 07506, NJ: less expensive homes
- 07417, NJ: higher priced homes
- 07508, NJ: less expensive homes
- 07676, NJ: higher priced homes
Zip Codes with Similar Populations
- 42129, KY: less expensive homes
- 85552, AZ: less expensive homes
- 25438, WV: less expensive homes
- 82401, WY: less expensive homes
- 27583, NC: less expensive homes
- 28124, NC: less expensive homes
- 29123, SC: less expensive homes
- 31321, GA: less expensive homes
- 31833, GA: less expensive homes
- 80808, CO: less expensive homes
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