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These days, finding an affordable place to live in the 07842 area can be challenging. Home prices in 07842 are now at a median cost of $348,854, lower than the New Jersey average of $388,929.
The average cost of rent is $1,670/mo in 07842, primarily driven by the current value of real estate in the 07842 area. While nearly 16.09% of residents own their homes outright in 07842, 13.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07842 is $13,193 per month. Households that rent pay about 12.66% of their income on rent here. 07842's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 07866, NJ: equally priced homes
- 07834, NJ: higher priced homes
- 07885, NJ: equally priced homes
- 07801, NJ: less expensive homes
- 07005, NJ: higher priced homes
- 07046, NJ: higher priced homes
- 07878, NJ: equally priced homes
- 07438, NJ: equally priced homes
- 07849, NJ: equally priced homes
- 07803, NJ: equally priced homes
Zip Codes with Similar Populations
- 59012, MT: less expensive homes
- 95676, CA: equally priced homes
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- 84755, UT: less expensive homes
- 85619, AZ: higher priced homes
- 99589, AK: less expensive homes
- 99667, AK: less expensive homes
- 04964, ME: equally priced homes
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