Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07716 area can be challenging. Home prices in 07716 are now at a median cost of $503,197, higher than the New Jersey average of $388,929.
The average cost of rent is $1,533/mo in 07716, primarily driven by the current value of real estate in the 07716 area. While nearly 28.46% of residents own their homes outright in 07716, 33.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07716 is $10,466 per month. Households that rent pay about 14.65% of their income on rent here. 07716's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07737, NJ: equally priced homes
- 07732, NJ: less expensive homes
- 07718, NJ: less expensive homes
- 07760, NJ: higher priced homes
- 07704, NJ: higher priced homes
- 07758, NJ: less expensive homes
- 07748, NJ: less expensive homes
- 07701, NJ: less expensive homes
- 07739, NJ: higher priced homes
- 07702, NJ: equally priced homes
Zip Codes with Similar Populations
- 15690, PA: less expensive homes
- 90095, CA: higher priced homes
- 11024, NY: higher priced homes
- 10920, NY: less expensive homes
- 98250, WA: higher priced homes
- 82301, WY: less expensive homes
- 10579, NY: less expensive homes
- 10069, NY: higher priced homes
- 45693, OH: less expensive homes
- 15931, PA: less expensive homes
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