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These days, finding an affordable place to live in the 07704 area can be challenging. Home prices in 07704 are now at a median cost of $860,062, higher than the New Jersey average of $388,929.
The average cost of rent is $2,144/mo in 07704, primarily driven by the current value of real estate in the 07704 area. While nearly 23.42% of residents own their homes outright in 07704, 6.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07704 is $15,976 per month. Households that rent pay about 13.42% of their income on rent here. 07704's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07739, NJ: less expensive homes
- 07760, NJ: higher priced homes
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- 07702, NJ: less expensive homes
- 07703, NJ: less expensive homes
- 07757, NJ: less expensive homes
- 07716, NJ: less expensive homes
- 07750, NJ: equally priced homes
- 07732, NJ: less expensive homes
- 07737, NJ: less expensive homes
Zip Codes with Similar Populations
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- 47041, IN: less expensive homes
- 46160, IN: less expensive homes
- 45314, OH: less expensive homes
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