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These days, finding an affordable place to live in the 07461 area can be challenging. Home prices in 07461 are now at a median cost of $291,984, lower than the New Jersey average of $388,929.
The average cost of rent is $1,522/mo in 07461, primarily driven by the current value of real estate in the 07461 area. While nearly 32.13% of residents own their homes outright in 07461, 14.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07461 is $8,188 per month. Households that rent pay about 18.59% of their income on rent here. 07461's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 07462, NJ: less expensive homes
- 07419, NJ: less expensive homes
- 10988, NY: higher priced homes
- 07418, NJ: equally priced homes
- 10969, NY: higher priced homes
- 07822, NJ: higher priced homes
- 07416, NJ: less expensive homes
- 10998, NY: higher priced homes
- 07422, NJ: less expensive homes
- 07826, NJ: higher priced homes
Zip Codes with Similar Populations
- 37090, TN: equally priced homes
- 01950, MA: higher priced homes
- 39426, MS: less expensive homes
- 00782, PR: less expensive homes
- 34446, FL: less expensive homes
- 33523, FL: less expensive homes
- 61364, IL: less expensive homes
- 70128, LA: less expensive homes
- 86404, AZ: equally priced homes
- 10580, NY: higher priced homes
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