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These days, finding an affordable place to live in the 07863 area can be challenging. Home prices in 07863 are now at a median cost of $253,726, lower than the New Jersey average of $388,929.
The average cost of rent is $1,116/mo in 07863, primarily driven by the current value of real estate in the 07863 area. While nearly 38.81% of residents own their homes outright in 07863, 13.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07863 is $7,509 per month. Households that rent pay about 14.86% of their income on rent here. 07863's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 07823, NJ: equally priced homes
- 07882, NJ: equally priced homes
- 07865, NJ: higher priced homes
- 07838, NJ: higher priced homes
- 07833, NJ: higher priced homes
- 07880, NJ: higher priced homes
- 08826, NJ: higher priced homes
- 07870, NJ: higher priced homes
- 07840, NJ: higher priced homes
- 18343, PA: equally priced homes
Zip Codes with Similar Populations
- 44644, OH: less expensive homes
- 61568, IL: less expensive homes
- 55767, MN: less expensive homes
- 54634, WI: less expensive homes
- 53933, WI: less expensive homes
- 53038, WI: equally priced homes
- 50536, IA: less expensive homes
- 49682, MI: higher priced homes
- 49076, MI: less expensive homes
- 48651, MI: less expensive homes
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