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These days, finding an affordable place to live in the 07442 area can be challenging. Home prices in 07442 are now at a median cost of $448,229, lower than the New Jersey average of $496,577.
The average cost of rent is $1,967/mo in 07442, primarily driven by the current value of real estate in the 07442 area. In 07442, 19.66% of households rent, and 27.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07442 is $11,350 per month. Households that rent pay about 17.33% of their income on rent here. 07442’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 07457, NJ: equally priced homes
- 07420, NJ: less expensive homes
- 07444, NJ: higher priced homes
- 07403, NJ: equally priced homes
- 07436, NJ: higher priced homes
- 07440, NJ: higher priced homes
- 07465, NJ: equally priced homes
- 07405, NJ: higher priced homes
- 07417, NJ: higher priced homes
- 07470, NJ: higher priced homes
Zip Codes with Similar Populations
- 02885, RI: equally priced homes
- 04530, ME: less expensive homes
- 07035, NJ: equally priced homes
- 45806, OH: less expensive homes
- 22960, VA: less expensive homes
- 27377, NC: less expensive homes
- 28377, NC: less expensive homes
- 84653, UT: higher priced homes
- 29812, SC: less expensive homes
- 30417, GA: less expensive homes
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