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Affordable
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These days, finding an affordable place to live in the 07881 area can be challenging. Home prices in 07881 are now at a median cost of $329,700, lower than the New Jersey average of $496,577.
The average cost of rent is $1,750/mo in 07881, primarily driven by the current value of real estate in the 07881 area. In 07881, 4.77% of households rent, and 47.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07881 is $7,767 per month. Households that rent pay about 22.53% of their income on rent here. 07881’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
- 07851, NJ: equally priced homes
- 18328, PA: less expensive homes
- 07826, NJ: higher priced homes
- 18324, PA: less expensive homes
- 18371, PA: less expensive homes
- 07860, NJ: higher priced homes
- 07822, NJ: higher priced homes
- 07848, NJ: higher priced homes
- 18302, PA: less expensive homes
- 18335, PA: less expensive homes
Zip Codes with Similar Populations
- 48764, MI: less expensive homes
- 81633, CO: less expensive homes
- 81612, CO: higher priced homes
- 80477, CO: higher priced homes
- 79831, TX: less expensive homes
- 77432, TX: less expensive homes
- 71009, LA: less expensive homes
- 70361, LA: less expensive homes
- 69365, NE: less expensive homes
- 59345, MT: less expensive homes
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