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Affordable
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These days, finding an affordable place to live in the 07880 area can be challenging. Home prices in 07880 are now at a median cost of $507,100, higher than the New Jersey average of $496,577.
The average cost of rent is $1,603/mo in 07880, primarily driven by the current value of real estate in the 07880 area. In 07880, 0.00% of households rent, and 23.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07880 is $13,591 per month. Households that rent pay about 11.80% of their income on rent here. 07880’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 07838, NJ: less expensive homes
- 07840, NJ: less expensive homes
- 07820, NJ: higher priced homes
- 07870, NJ: higher priced homes
- 07846, NJ: equally priced homes
- 07865, NJ: equally priced homes
- 07828, NJ: less expensive homes
- 07863, NJ: less expensive homes
- 07853, NJ: higher priced homes
- 07825, NJ: less expensive homes
Zip Codes with Similar Populations
- 97736, OR: less expensive homes
- 88411, NM: less expensive homes
- 21867, MD: less expensive homes
- 77987, TX: less expensive homes
- 57346, SD: less expensive homes
- 40339, KY: higher priced homes
- 17727, PA: less expensive homes
- 46595, IN: less expensive homes
- 15492, PA: less expensive homes
- 25211, WV: less expensive homes
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