Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07847 area can be challenging. Home prices in 07847 are now at a median cost of $314,388, lower than the New Jersey average of $388,929.
The average cost of rent is $1,742/mo in 07847, primarily driven by the current value of real estate in the 07847 area. While nearly 52.05% of residents own their homes outright in 07847, 23.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07847 is $6,254 per month. Households that rent pay about 27.85% of their income on rent here. 07847's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07803, NJ: equally priced homes
- 07852, NJ: higher priced homes
- 07876, NJ: higher priced homes
- 07850, NJ: equally priced homes
- 07856, NJ: higher priced homes
- 07885, NJ: equally priced homes
- 07869, NJ: higher priced homes
- 07801, NJ: equally priced homes
- 07857, NJ: equally priced homes
- 07843, NJ: less expensive homes
Zip Codes with Similar Populations
- 97136, OR: less expensive homes
- 27980, NC: less expensive homes
- 19534, PA: less expensive homes
- 16341, PA: less expensive homes
- 16249, PA: less expensive homes
- 16041, PA: less expensive homes
- 61937, IL: less expensive homes
- 46115, IN: less expensive homes
- 46745, IN: less expensive homes
- 02839, RI: equally priced homes
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