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These days, finding an affordable place to live in the 07662 area can be challenging. Home prices in 07662 are now at a median cost of $400,361, higher than the New Jersey average of $388,929.
The average cost of rent is $1,874/mo in 07662, primarily driven by the current value of real estate in the 07662 area. While nearly 36.83% of residents own their homes outright in 07662, 23.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07662 is $8,212 per month. Households that rent pay about 22.82% of their income on rent here. 07662's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07663, NJ: equally priced homes
- 07607, NJ: equally priced homes
- 07601, NJ: less expensive homes
- 07644, NJ: equally priced homes
- 07407, NJ: equally priced homes
- 07026, NJ: equally priced homes
- 07661, NJ: higher priced homes
- 07410, NJ: higher priced homes
- 07652, NJ: higher priced homes
- 07604, NJ: higher priced homes
Zip Codes with Similar Populations
- 27013, NC: less expensive homes
- 31031, GA: less expensive homes
- 46936, IN: less expensive homes
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- 30173, GA: less expensive homes
- 47165, IN: less expensive homes
- 48422, MI: less expensive homes
- 48626, MI: less expensive homes
- 73448, OK: less expensive homes
- 27349, NC: less expensive homes
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