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Expensive
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These days, finding an affordable place to live in the 07740 area can be challenging. Home prices in 07740 are now at a median cost of $394,659, higher than the New Jersey average of $388,929.
The average cost of rent is $1,518/mo in 07740, primarily driven by the current value of real estate in the 07740 area. While nearly 42.37% of residents own their homes outright in 07740, 57.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07740 is $5,842 per month. Households that rent pay about 25.98% of their income on rent here. 07740's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 07764, NJ: higher priced homes
- 07757, NJ: higher priced homes
- 07750, NJ: higher priced homes
- 07703, NJ: higher priced homes
- 07755, NJ: higher priced homes
- 07723, NJ: higher priced homes
- 07739, NJ: higher priced homes
- 07702, NJ: higher priced homes
- 07724, NJ: equally priced homes
- 07711, NJ: higher priced homes
Zip Codes with Similar Populations
- 23503, VA: less expensive homes
- 62234, IL: less expensive homes
- 68123, NE: less expensive homes
- 00921, PR: less expensive homes
- 74008, OK: less expensive homes
- 74074, OK: less expensive homes
- 44004, OH: less expensive homes
- 37830, TN: less expensive homes
- 33626, FL: equally priced homes
- 78653, TX: less expensive homes
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