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Affordable
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These days, finding an affordable place to live in the 07641 area can be challenging. Home prices in 07641 are now at a median cost of $843,022, higher than the New Jersey average of $496,577.
The average cost of rent is $3,501/mo in 07641, primarily driven by the current value of real estate in the 07641 area. In 07641, 5.30% of households rent, and 31.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07641 is $17,502 per month. Households that rent pay about 20.00% of their income on rent here. 07641’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 07628, NJ: less expensive homes
- 07627, NJ: higher priced homes
- 07624, NJ: equally priced homes
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- 07649, NJ: less expensive homes
- 07646, NJ: less expensive homes
- 07621, NJ: less expensive homes
- 07648, NJ: less expensive homes
Zip Codes with Similar Populations
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- 62341, IL: less expensive homes
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