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These days, finding an affordable place to live in the 07601 area can be challenging. Home prices in 07601 are now at a median cost of $293,685, lower than the New Jersey average of $388,929.
The average cost of rent is $1,528/mo in 07601, primarily driven by the current value of real estate in the 07601 area. While nearly 35.14% of residents own their homes outright in 07601, 61.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07601 is $6,669 per month. Households that rent pay about 22.92% of their income on rent here. 07601's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 07607, NJ: higher priced homes
- 07603, NJ: higher priced homes
- 07606, NJ: higher priced homes
- 07644, NJ: higher priced homes
- 07666, NJ: higher priced homes
- 07662, NJ: higher priced homes
- 07608, NJ: higher priced homes
- 07604, NJ: higher priced homes
- 07660, NJ: higher priced homes
- 07643, NJ: higher priced homes
Zip Codes with Similar Populations
- 92648, CA: higher priced homes
- 00603, PR: less expensive homes
- 08053, NJ: equally priced homes
- 97701, OR: higher priced homes
- 02703, MA: higher priced homes
- 44691, OH: less expensive homes
- 94566, CA: higher priced homes
- 30680, GA: less expensive homes
- 45238, OH: less expensive homes
- 46060, IN: less expensive homes
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