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These days, finding an affordable place to live in the 07642 area can be challenging. Home prices in 07642 are now at a median cost of $561,565, higher than the New Jersey average of $388,929.
The average cost of rent is $1,360/mo in 07642, primarily driven by the current value of real estate in the 07642 area. While nearly 30.76% of residents own their homes outright in 07642, 9.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07642 is $13,531 per month. Households that rent pay about 10.05% of their income on rent here. 07642's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 07676, NJ: equally priced homes
- 07675, NJ: higher priced homes
- 07677, NJ: higher priced homes
- 07656, NJ: equally priced homes
- 07630, NJ: equally priced homes
- 07645, NJ: equally priced homes
- 07423, NJ: higher priced homes
- 07640, NJ: higher priced homes
- 07649, NJ: higher priced homes
- 07450, NJ: higher priced homes
Zip Codes with Similar Populations
- 11740, NY: equally priced homes
- 07607, NJ: less expensive homes
- 37074, TN: less expensive homes
- 92325, CA: less expensive homes
- 47012, IN: less expensive homes
- 47001, IN: less expensive homes
- 46506, IN: less expensive homes
- 95006, CA: higher priced homes
- 44657, OH: less expensive homes
- 37397, TN: less expensive homes
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