Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07720 area can be challenging. Home prices in 07720 are now at a median cost of $767,228, higher than the New Jersey average of $388,929.
The average cost of rent is $1,717/mo in 07720, primarily driven by the current value of real estate in the 07720 area. While nearly 57.54% of residents own their homes outright in 07720, 50.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07720 is $7,195 per month. Households that rent pay about 23.86% of their income on rent here. 07720's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07756, NJ: higher priced homes
- 07717, NJ: higher priced homes
- 07711, NJ: higher priced homes
- 07753, NJ: less expensive homes
- 07712, NJ: less expensive homes
- 07719, NJ: less expensive homes
- 07723, NJ: higher priced homes
- 07762, NJ: higher priced homes
- 07755, NJ: less expensive homes
- 08750, NJ: higher priced homes
Zip Codes with Similar Populations
- 32421, FL: less expensive homes
- 53952, WI: less expensive homes
- 48631, MI: less expensive homes
- 45644, OH: less expensive homes
- 33922, FL: less expensive homes
- 30520, GA: less expensive homes
- 67068, KS: less expensive homes
- 13605, NY: less expensive homes
- 13074, NY: less expensive homes
- 06259, CT: less expensive homes
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