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These days, finding an affordable place to live in the 07920 area can be challenging. Home prices in 07920 are now at a median cost of $681,201, higher than the New Jersey average of $388,929.
The average cost of rent is $2,537/mo in 07920, primarily driven by the current value of real estate in the 07920 area. While nearly 34.36% of residents own their homes outright in 07920, 17.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 07920 is $14,752 per month. Households that rent pay about 17.20% of their income on rent here. 07920's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 07939, NJ: higher priced homes
- 07946, NJ: equally priced homes
- 07924, NJ: higher priced homes
- 07921, NJ: less expensive homes
- 07980, NJ: less expensive homes
- 07931, NJ: higher priced homes
- 07059, NJ: higher priced homes
- 07977, NJ: higher priced homes
- 08836, NJ: equally priced homes
- 07933, NJ: less expensive homes
Zip Codes with Similar Populations
- 14623, NY: less expensive homes
- 75455, TX: less expensive homes
- 00610, PR: less expensive homes
- 39046, MS: less expensive homes
- 36067, AL: less expensive homes
- 33569, FL: less expensive homes
- 33166, FL: less expensive homes
- 48867, MI: less expensive homes
- 33067, FL: less expensive homes
- 49428, MI: less expensive homes
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