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These days, finding an affordable place to live in the 07851 area can be challenging. Home prices in 07851 are now at a median cost of $329,700, lower than the New Jersey average of $496,577.
The average cost of rent is $1,750/mo in 07851, primarily driven by the current value of real estate in the 07851 area. In 07851, 4.77% of households rent, and 47.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07851 is $7,767 per month. Households that rent pay about 22.53% of their income on rent here. 07851’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 07881, NJ: equally priced homes
- 07826, NJ: higher priced homes
- 18328, PA: less expensive homes
- 07827, NJ: equally priced homes
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- 07822, NJ: higher priced homes
- 18324, PA: less expensive homes
- 18371, PA: less expensive homes
- 07461, NJ: higher priced homes
- 18336, PA: less expensive homes
Zip Codes with Similar Populations
- 96126, CA: equally priced homes
- 59827, MT: higher priced homes
- 99693, AK: less expensive homes
- 04936, ME: less expensive homes
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- 99135, WA: equally priced homes
- 05657, VT: less expensive homes
- 73666, OK: less expensive homes
- 98224, WA: higher priced homes
- 72752, AR: less expensive homes
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