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These days, finding an affordable place to live in the 07607 area can be challenging. Home prices in 07607 are now at a median cost of $411,644, higher than the New Jersey average of $388,929.
The average cost of rent is $1,799/mo in 07607, primarily driven by the current value of real estate in the 07607 area. While nearly 44.62% of residents own their homes outright in 07607, 28.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07607 is $8,805 per month. Households that rent pay about 20.44% of their income on rent here. 07607's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07662, NJ: equally priced homes
- 07601, NJ: less expensive homes
- 07663, NJ: equally priced homes
- 07661, NJ: higher priced homes
- 07644, NJ: equally priced homes
- 07603, NJ: less expensive homes
- 07666, NJ: higher priced homes
- 07604, NJ: higher priced homes
- 07606, NJ: equally priced homes
- 07026, NJ: equally priced homes
Zip Codes with Similar Populations
- 53549, WI: less expensive homes
- 66618, KS: less expensive homes
- 25312, WV: less expensive homes
- 28103, NC: less expensive homes
- 28610, NC: less expensive homes
- 75650, TX: less expensive homes
- 29067, SC: less expensive homes
- 29510, SC: less expensive homes
- 29702, SC: less expensive homes
- 75551, TX: less expensive homes
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