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These days, finding an affordable place to live in the 07661 area can be challenging. Home prices in 07661 are now at a median cost of $542,976, higher than the New Jersey average of $388,929.
The average cost of rent is $2,051/mo in 07661, primarily driven by the current value of real estate in the 07661 area. While nearly 38.32% of residents own their homes outright in 07661, 22.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07661 is $12,704 per month. Households that rent pay about 16.15% of their income on rent here. 07661's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07646, NJ: less expensive homes
- 07649, NJ: higher priced homes
- 07621, NJ: less expensive homes
- 07607, NJ: less expensive homes
- 07652, NJ: higher priced homes
- 07662, NJ: less expensive homes
- 07601, NJ: less expensive homes
- 07628, NJ: less expensive homes
- 07666, NJ: less expensive homes
- 07663, NJ: less expensive homes
Zip Codes with Similar Populations
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- 00735, PR: less expensive homes
- 47119, IN: less expensive homes
- 47371, IN: less expensive homes
- 48723, MI: less expensive homes
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