Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 07848 area can be challenging. Home prices in 07848 are now at a median cost of $336,864, lower than the New Jersey average of $388,929.
The average cost of rent is $1,496/mo in 07848, primarily driven by the current value of real estate in the 07848 area. While nearly 30.38% of residents own their homes outright in 07848, 10.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07848 is $9,076 per month. Households that rent pay about 16.49% of their income on rent here. 07848's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07822, NJ: higher priced homes
- 07871, NJ: higher priced homes
- 07439, NJ: less expensive homes
- 07860, NJ: less expensive homes
- 07416, NJ: less expensive homes
- 07826, NJ: equally priced homes
- 07419, NJ: less expensive homes
- 07821, NJ: equally priced homes
- 07460, NJ: less expensive homes
- 07849, NJ: higher priced homes
Zip Codes with Similar Populations
- 98844, WA: less expensive homes
- 96750, HI: higher priced homes
- 56468, MN: equally priced homes
- 74881, OK: less expensive homes
- 54840, WI: less expensive homes
- 24348, VA: less expensive homes
- 54983, WI: less expensive homes
- 36088, AL: less expensive homes
- 35444, AL: less expensive homes
- 33890, FL: less expensive homes
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