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These days, finding an affordable place to live in the 07843 area can be challenging. Home prices in 07843 are now at a median cost of $273,230, lower than the New Jersey average of $388,929.
The average cost of rent is $1,434/mo in 07843, primarily driven by the current value of real estate in the 07843 area. While nearly 32.40% of residents own their homes outright in 07843, 15.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07843 is $7,981 per month. Households that rent pay about 17.97% of their income on rent here. 07843's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 07856, NJ: higher priced homes
- 07850, NJ: higher priced homes
- 07874, NJ: equally priced homes
- 07849, NJ: higher priced homes
- 07857, NJ: equally priced homes
- 07852, NJ: higher priced homes
- 07885, NJ: higher priced homes
- 07847, NJ: higher priced homes
- 07821, NJ: higher priced homes
- 07803, NJ: higher priced homes
Zip Codes with Similar Populations
- 98550, WA: less expensive homes
- 14004, NY: less expensive homes
- 13827, NY: less expensive homes
- 77954, TX: less expensive homes
- 07657, NJ: higher priced homes
- 06357, CT: higher priced homes
- 39817, GA: less expensive homes
- 47122, IN: less expensive homes
- 39581, MS: less expensive homes
- 45875, OH: less expensive homes
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