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Affordable
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These days, finding an affordable place to live in the 07718 area can be challenging. Home prices in 07718 are now at a median cost of $506,648, higher than the New Jersey average of $496,577.
The average cost of rent is $1,413/mo in 07718, primarily driven by the current value of real estate in the 07718 area. In 07718, 4.63% of households rent, and 37.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07718 is $12,919 per month. Households that rent pay about 10.94% of their income on rent here. 07718’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07758, NJ: equally priced homes
- 07737, NJ: equally priced homes
- 07748, NJ: higher priced homes
- 07716, NJ: higher priced homes
- 07734, NJ: less expensive homes
- 07701, NJ: higher priced homes
- 07733, NJ: higher priced homes
- 07704, NJ: higher priced homes
- 07730, NJ: equally priced homes
- 07732, NJ: equally priced homes
Zip Codes with Similar Populations
- 27020, NC: less expensive homes
- 14514, NY: less expensive homes
- 65793, MO: less expensive homes
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- 16142, PA: less expensive homes
- 61953, IL: less expensive homes
- 61088, IL: less expensive homes
- 18641, PA: less expensive homes
- 55315, MN: equally priced homes
- 19543, PA: less expensive homes
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