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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 $822,785, higher than the New Jersey average of $496,577.
The average cost of rent is $2,509/mo in 07920, primarily driven by the current value of real estate in the 07920 area. In 07920, 16.49% of households rent, and 39.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07920 is $16,718 per month. Households that rent pay about 15.01% of their income on rent here. 07920’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 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: equally priced homes
- 49428, MI: less expensive homes
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