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These days, finding an affordable place to live in the 07702 area can be challenging. Home prices in 07702 are now at a median cost of $542,135, higher than the New Jersey average of $388,929.
The average cost of rent is $1,763/mo in 07702, primarily driven by the current value of real estate in the 07702 area. While nearly 33.18% of residents own their homes outright in 07702, 16.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07702 is $11,911 per month. Households that rent pay about 14.80% of their income on rent here. 07702's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 07739, NJ: higher priced homes
- 07703, NJ: less expensive homes
- 07724, NJ: less expensive homes
- 07701, NJ: less expensive homes
- 07757, NJ: equally priced homes
- 07704, NJ: higher priced homes
- 07738, NJ: higher priced homes
- 07764, NJ: equally priced homes
- 07740, NJ: less expensive homes
- 07750, NJ: higher priced homes
Zip Codes with Similar Populations
- 32180, FL: less expensive homes
- 84017, UT: less expensive homes
- 49665, MI: less expensive homes
- 45113, OH: less expensive homes
- 32331, FL: less expensive homes
- 71433, LA: less expensive homes
- 14772, NY: less expensive homes
- 41314, KY: less expensive homes
- 35014, AL: less expensive homes
- 37873, TN: less expensive homes
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