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These days, finding an affordable place to live in the 07603 area can be challenging. Home prices in 07603 are now at a median cost of $520,428, higher than the New Jersey average of $496,577.
The average cost of rent is $1,915/mo in 07603, primarily driven by the current value of real estate in the 07603 area. In 07603, 32.56% of households rent, and 34.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07603 is $8,440 per month. Households that rent pay about 22.69% of their income on rent here. 07603’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 07606, NJ: equally priced homes
- 07660, NJ: equally priced homes
- 07666, NJ: higher priced homes
- 07601, NJ: less expensive homes
- 07643, NJ: equally priced homes
- 07608, NJ: equally priced homes
- 07605, NJ: higher priced homes
- 07650, NJ: higher priced homes
- 07604, NJ: equally priced homes
- 07607, NJ: equally priced homes
Zip Codes with Similar Populations
- 99001, WA: less expensive homes
- 47424, IN: less expensive homes
- 46106, IN: less expensive homes
- 49240, MI: less expensive homes
- 49302, MI: less expensive homes
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- 42743, KY: less expensive homes
- 36853, AL: less expensive homes
- 34431, FL: less expensive homes
- 32136, FL: less expensive homes
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