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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 $268,400, lower than the New Jersey average of $388,929.
The average cost of rent is $1,512/mo in 07851, primarily driven by the current value of real estate in the 07851 area. While nearly 37.28% of residents own their homes outright in 07851, 11.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07851 is $7,740 per month. Households that rent pay about 19.53% of their income on rent here. 07851's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07881, NJ: equally priced homes
- 07826, NJ: higher priced homes
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- 07822, NJ: higher priced homes
- 18324, PA: less expensive homes
- 18371, PA: less expensive homes
- 07461, NJ: equally priced homes
- 18336, PA: less expensive homes
Zip Codes with Similar Populations
- 96126, CA: less expensive homes
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- 73666, OK: less expensive homes
- 98224, WA: higher priced homes
- 72752, AR: less expensive homes
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