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These days, finding an affordable place to live in the 07605 area can be challenging. Home prices in 07605 are now at a median cost of $481,828, higher than the New Jersey average of $388,929.
The average cost of rent is $1,672/mo in 07605, primarily driven by the current value of real estate in the 07605 area. While nearly 37.13% of residents own their homes outright in 07605, 41.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07605 is $10,435 per month. Households that rent pay about 16.02% of their income on rent here. 07605's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07024, NJ: less expensive homes
- 07650, NJ: higher priced homes
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- 07632, NJ: higher priced homes
- 07631, NJ: equally priced homes
- 07603, NJ: less expensive homes
- 07657, NJ: less expensive homes
- 07666, NJ: equally priced homes
- 07020, NJ: higher priced homes
- 07010, NJ: equally priced homes
Zip Codes with Similar Populations
- 01590, MA: less expensive homes
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- 81201, CO: equally priced homes
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- 92241, CA: less expensive homes
- 01952, MA: less expensive homes
- 93926, CA: equally priced homes
- 33194, FL: less expensive homes
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