Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07820 area can be challenging. Home prices in 07820 are now at a median cost of $311,700, lower than the New Jersey average of $388,929.
The average cost of rent is $1,608/mo in 07820, primarily driven by the current value of real estate in the 07820 area. While nearly 2.15% of residents own their homes outright in 07820, 35.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07820 is $6,775 per month. Households that rent pay about 23.73% of their income on rent here. 07820's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07846, NJ: higher priced homes
- 07880, NJ: higher priced homes
- 07821, NJ: equally priced homes
- 07840, NJ: equally priced homes
- 07828, NJ: higher priced homes
- 07874, NJ: less expensive homes
- 07857, NJ: equally priced homes
- 07838, NJ: equally priced homes
- 07836, NJ: higher priced homes
- 07843, NJ: less expensive homes
Zip Codes with Similar Populations
- 83243, ID: less expensive homes
- 55766, MN: less expensive homes
- 87746, NM: less expensive homes
- 59315, MT: less expensive homes
- 36568, AL: less expensive homes
- 86036, AZ: less expensive homes
- 13305, NY: less expensive homes
- 85532, AZ: less expensive homes
- 84640, UT: less expensive homes
- 56654, MN: less expensive homes
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