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These days, finding an affordable place to live in the 07885 area can be challenging. Home prices in 07885 are now at a median cost of $324,921, lower than the New Jersey average of $388,929.
The average cost of rent is $1,754/mo in 07885, primarily driven by the current value of real estate in the 07885 area. While nearly 28.42% of residents own their homes outright in 07885, 33.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07885 is $8,492 per month. Households that rent pay about 20.66% of their income on rent here. 07885's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 07801, NJ: equally priced homes
- 07803, NJ: equally priced homes
- 07856, NJ: higher priced homes
- 07847, NJ: equally priced homes
- 07866, NJ: higher priced homes
- 07849, NJ: higher priced homes
- 07850, NJ: equally priced homes
- 07843, NJ: less expensive homes
- 07869, NJ: higher priced homes
- 07842, NJ: equally priced homes
Zip Codes with Similar Populations
- 48001, MI: less expensive homes
- 02330, MA: less expensive homes
- 27944, NC: less expensive homes
- 61254, IL: less expensive homes
- 28753, NC: less expensive homes
- 81082, CO: less expensive homes
- 83333, ID: higher priced homes
- 15522, PA: less expensive homes
- 93923, CA: higher priced homes
- 10522, NY: higher priced homes
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