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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 $487,139, lower than the New Jersey average of $496,577.
The average cost of rent is $2,265/mo in 07856, primarily driven by the current value of real estate in the 07856 area. In 07856, 20.77% of households rent, and 40.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07856 is $7,793 per month. Households that rent pay about 29.06% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 07850, NJ: less expensive homes
- 07843, NJ: less expensive homes
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- 07885, NJ: less expensive homes
- 07852, NJ: equally priced homes
- 07849, NJ: less expensive homes
- 07874, NJ: less expensive homes
- 07857, NJ: less expensive homes
- 07803, NJ: less expensive homes
- 07876, NJ: equally priced homes
Zip Codes with Similar Populations
- 81252, CO: less expensive homes
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- 54448, WI: less expensive homes
- 53946, WI: less expensive homes
- 41314, KY: less expensive homes
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