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These days, finding an affordable place to live in the 07504 area can be challenging. Home prices in 07504 are now at a median cost of $316,242, lower than the New Jersey average of $388,929.
The average cost of rent is $1,374/mo in 07504, primarily driven by the current value of real estate in the 07504 area. While nearly 33.87% of residents own their homes outright in 07504, 67.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07504 is $5,172 per month. Households that rent pay about 26.56% of their income on rent here. 07504's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07513, NJ: equally priced homes
- 07514, NJ: less expensive homes
- 07501, NJ: less expensive homes
- 07503, NJ: less expensive homes
- 07407, NJ: higher priced homes
- 07524, NJ: less expensive homes
- 07505, NJ: equally priced homes
- 07522, NJ: less expensive homes
- 07410, NJ: higher priced homes
- 07011, NJ: equally priced homes
Zip Codes with Similar Populations
- 89508, NV: equally priced homes
- 61866, IL: less expensive homes
- 15668, PA: less expensive homes
- 59047, MT: higher priced homes
- 33873, FL: less expensive homes
- 00688, PR: less expensive homes
- 36078, AL: less expensive homes
- 44041, OH: less expensive homes
- 45152, OH: less expensive homes
- 46184, IN: less expensive homes
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