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These days, finding an affordable place to live in the 07650 area can be challenging. Home prices in 07650 are now at a median cost of $606,276, higher than the New Jersey average of $388,929.
The average cost of rent is $1,844/mo in 07650, primarily driven by the current value of real estate in the 07650 area. While nearly 37.58% of residents own their homes outright in 07650, 61.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07650 is $6,890 per month. Households that rent pay about 26.76% of their income on rent here. 07650's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 07657, NJ: less expensive homes
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- 07020, NJ: equally priced homes
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- 07603, NJ: less expensive homes
- 10031, NY: higher priced homes
Zip Codes with Similar Populations
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