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These days, finding an affordable place to live in the 07624 area can be challenging. Home prices in 07624 are now at a median cost of $870,765, higher than the New Jersey average of $496,577.
The average cost of rent is $2,527/mo in 07624, primarily driven by the current value of real estate in the 07624 area. In 07624, 18.56% of households rent, and 38.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07624 is $16,481 per month. Households that rent pay about 15.33% of their income on rent here. 07624’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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
- 07627, NJ: higher priced homes
- 07648, NJ: less expensive homes
- 07641, NJ: equally priced homes
- 07640, NJ: less expensive homes
- 07620, NJ: higher priced homes
- 07626, NJ: equally priced homes
- 07628, NJ: less expensive homes
- 07647, NJ: less expensive homes
- 10964, NY: less expensive homes
- 07670, NJ: higher priced homes
Zip Codes with Similar Populations
- 02054, MA: less expensive homes
- 49646, MI: less expensive homes
- 49419, MI: less expensive homes
- 50644, IA: less expensive homes
- 52060, IA: less expensive homes
- 37641, TN: less expensive homes
- 32626, FL: less expensive homes
- 54457, WI: less expensive homes
- 18210, PA: less expensive homes
- 16055, PA: less expensive homes
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