Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07631 area can be challenging. Home prices in 07631 are now at a median cost of $495,298, higher than the New Jersey average of $388,929.
The average cost of rent is $1,655/mo in 07631, primarily driven by the current value of real estate in the 07631 area. While nearly 31.47% of residents own their homes outright in 07631, 45.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07631 is $8,499 per month. Households that rent pay about 19.47% of their income on rent here. 07631's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 07632, NJ: higher priced homes
- 07666, NJ: equally priced homes
- 07670, NJ: higher priced homes
- 07605, NJ: equally priced homes
- 07621, NJ: less expensive homes
- 07603, NJ: less expensive homes
- 07024, NJ: less expensive homes
- 07650, NJ: higher priced homes
- 07626, NJ: higher priced homes
- 07660, NJ: less expensive homes
Zip Codes with Similar Populations
- 95363, CA: less expensive homes
- 41018, KY: less expensive homes
- 44052, OH: less expensive homes
- 15044, PA: less expensive homes
- 20112, VA: equally priced homes
- 30013, GA: less expensive homes
- 28734, NC: less expensive homes
- 60048, IL: equally priced homes
- 62226, IL: less expensive homes
- 72404, AR: less expensive homes
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