Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 07640 area can be challenging. Home prices in 07640 are now at a median cost of $768,307, higher than the New Jersey average of $496,577.
The average cost of rent is $1,414/mo in 07640, primarily driven by the current value of real estate in the 07640 area. In 07640, 7.75% of households rent, and 41.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07640 is $14,471 per month. Households that rent pay about 9.77% of their income on rent here. 07640’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 07648, NJ: equally priced homes
- 07624, NJ: higher priced homes
- 07675, NJ: equally priced homes
- 07647, NJ: less expensive homes
- 07641, NJ: higher priced homes
- 07630, NJ: less expensive homes
- 07627, NJ: higher priced homes
- 10983, NY: less expensive homes
- 07628, NJ: less expensive homes
- 10964, NY: less expensive homes
Zip Codes with Similar Populations
- 54742, WI: less expensive homes
- 29684, SC: less expensive homes
- 32131, FL: less expensive homes
- 32033, FL: less expensive homes
- 31803, GA: less expensive homes
- 31642, GA: less expensive homes
- 31063, GA: less expensive homes
- 30565, GA: less expensive homes
- 30564, GA: less expensive homes
- 61016, IL: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood