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These days, finding an affordable place to live in the 07606 area can be challenging. Home prices in 07606 are now at a median cost of $414,928, higher than the New Jersey average of $388,929.
The average cost of rent is $1,649/mo in 07606, primarily driven by the current value of real estate in the 07606 area. While nearly 28.57% of residents own their homes outright in 07606, 57.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07606 is $7,899 per month. Households that rent pay about 20.88% of their income on rent here. 07606's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 07608, NJ: equally priced homes
- 07643, NJ: less expensive homes
- 07603, NJ: less expensive homes
- 07660, NJ: equally priced homes
- 07604, NJ: higher priced homes
- 07074, NJ: equally priced homes
- 07601, NJ: less expensive homes
- 07644, NJ: equally priced homes
- 07075, NJ: higher priced homes
- 07666, NJ: higher priced homes
Zip Codes with Similar Populations
- 06384, CT: less expensive homes
- 99574, AK: less expensive homes
- 54666, WI: less expensive homes
- 39653, MS: less expensive homes
- 43001, OH: less expensive homes
- 44633, OH: less expensive homes
- 74347, OK: less expensive homes
- 47140, IN: less expensive homes
- 74342, OK: less expensive homes
- 49252, MI: less expensive homes
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