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Affordable
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These days, finding an affordable place to live in the 07803 area can be challenging. Home prices in 07803 are now at a median cost of $440,246, lower than the New Jersey average of $496,577.
The average cost of rent is $1,796/mo in 07803, primarily driven by the current value of real estate in the 07803 area. In 07803, 9.78% of households rent, and 35.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07803 is $10,455 per month. Households that rent pay about 17.18% of their income on rent here. 07803’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 07847, NJ: less expensive homes
- 07801, NJ: less expensive homes
- 07869, NJ: higher priced homes
- 07885, NJ: less expensive homes
- 07876, NJ: higher priced homes
- 07852, NJ: higher priced homes
- 07856, NJ: higher priced homes
- 07850, NJ: equally priced homes
- 07970, NJ: higher priced homes
- 07866, NJ: equally priced homes
Zip Codes with Similar Populations
- 97115, OR: higher priced homes
- 01770, MA: higher priced homes
- 97231, OR: higher priced homes
- 96754, HI: higher priced homes
- 03748, NH: less expensive homes
- 97720, OR: less expensive homes
- 96748, HI: equally priced homes
- 04429, ME: less expensive homes
- 76877, TX: less expensive homes
- 36260, AL: less expensive homes
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