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These days, finding an affordable place to live in the 07450 area can be challenging. Home prices in 07450 are now at a median cost of $911,628, higher than the New Jersey average of $496,577.
The average cost of rent is $2,471/mo in 07450, primarily driven by the current value of real estate in the 07450 area. In 07450, 17.43% of households rent, and 31.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07450 is $16,970 per month. Households that rent pay about 14.56% of their income on rent here. 07450’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 07423, NJ: higher priced homes
- 07452, NJ: equally priced homes
- 07432, NJ: less expensive homes
- 07463, NJ: less expensive homes
- 07676, NJ: less expensive homes
- 07506, NJ: less expensive homes
- 07481, NJ: equally priced homes
- 07410, NJ: less expensive homes
- 07652, NJ: less expensive homes
- 07401, NJ: less expensive homes
Zip Codes with Similar Populations
- 02050, MA: less expensive homes
- 29527, SC: less expensive homes
- 29016, SC: less expensive homes
- 22485, VA: less expensive homes
- 32967, FL: less expensive homes
- 55116, MN: less expensive homes
- 33712, FL: less expensive homes
- 77545, TX: less expensive homes
- 34476, FL: less expensive homes
- 35640, AL: less expensive homes
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