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These days, finding an affordable place to live in the 07647 area can be challenging. Home prices in 07647 are now at a median cost of $607,776, higher than the New Jersey average of $496,577.
The average cost of rent is $2,071/mo in 07647, primarily driven by the current value of real estate in the 07647 area. In 07647, 23.57% of households rent, and 36.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07647 is $10,352 per month. Households that rent pay about 20.00% of their income on rent here. 07647’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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: higher priced homes
- 10983, NY: equally priced homes
- 10964, NY: higher priced homes
- 07640, NJ: higher priced homes
- 10976, NY: higher priced homes
- 10962, NY: higher priced homes
- 10968, NY: higher priced homes
- 07624, NJ: higher priced homes
- 07675, NJ: higher priced homes
- 10913, NY: higher priced homes
Zip Codes with Similar Populations
- 99664, AK: less expensive homes
- 22473, VA: less expensive homes
- 21791, MD: less expensive homes
- 55992, MN: less expensive homes
- 47390, IN: less expensive homes
- 46121, IN: less expensive homes
- 15320, PA: less expensive homes
- 42038, KY: less expensive homes
- 67871, KS: less expensive homes
- 71665, AR: less expensive homes
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