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These days, finding an affordable place to live in the 07856 area can be challenging. Home prices in 07856 are now at a median cost of $393,457, higher than the New Jersey average of $388,929.
The average cost of rent is $1,781/mo in 07856, primarily driven by the current value of real estate in the 07856 area. While nearly 25.79% of residents own their homes outright in 07856, 18.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07856 is $8,166 per month. Households that rent pay about 21.81% of their income on rent here. 07856's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 07850, NJ: less expensive homes
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- 07803, NJ: less expensive homes
- 07876, NJ: equally priced homes
Zip Codes with Similar Populations
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