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These days, finding an affordable place to live in the 07874 area can be challenging. Home prices in 07874 are now at a median cost of $364,644, lower than the New Jersey average of $496,577.
The average cost of rent is $1,832/mo in 07874, primarily driven by the current value of real estate in the 07874 area. In 07874, 9.85% of households rent, and 26.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07874 is $11,248 per month. Households that rent pay about 16.29% of their income on rent here. 07874’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern 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
- 07857, NJ: equally priced homes
- 07843, NJ: equally priced homes
- 07850, NJ: higher priced homes
- 07856, NJ: higher priced homes
- 07852, NJ: higher priced homes
- 07828, NJ: higher priced homes
- 07821, NJ: higher priced homes
- 07847, NJ: equally priced homes
- 07876, NJ: higher priced homes
- 07836, NJ: higher priced homes
Zip Codes with Similar Populations
- 34607, FL: equally priced homes
- 60042, IL: less expensive homes
- 60022, IL: higher priced homes
- 54929, WI: less expensive homes
- 54923, WI: less expensive homes
- 48455, MI: equally priced homes
- 44813, OH: less expensive homes
- 44270, OH: less expensive homes
- 40069, KY: less expensive homes
- 36561, AL: higher priced homes
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