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Affordable
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These days, finding an affordable place to live in the 07838 area can be challenging. Home prices in 07838 are now at a median cost of $442,581, lower than the New Jersey average of $496,577.
The average cost of rent is $1,633/mo in 07838, primarily driven by the current value of real estate in the 07838 area. In 07838, 12.43% of households rent, and 26.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07838 is $11,120 per month. Households that rent pay about 14.69% of their income on rent here. 07838’s most expensive areas are in the northeastern 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
- 07880, NJ: higher priced homes
- 07840, NJ: equally priced homes
- 07863, NJ: less expensive homes
- 07865, NJ: equally priced homes
- 07820, NJ: higher priced homes
- 07846, NJ: equally priced homes
- 07825, NJ: equally priced homes
- 07870, NJ: higher priced homes
- 07833, NJ: less expensive homes
- 07823, NJ: less expensive homes
Zip Codes with Similar Populations
- 94599, CA: higher priced homes
- 93437, CA: higher priced homes
- 78164, TX: less expensive homes
- 76444, TX: less expensive homes
- 51249, IA: less expensive homes
- 39189, MS: less expensive homes
- 51040, IA: less expensive homes
- 78377, TX: less expensive homes
- 32462, FL: less expensive homes
- 15728, PA: less expensive homes
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