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Affordable
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These days, finding an affordable place to live in the 07927 area can be challenging. Home prices in 07927 are now at a median cost of $653,549, higher than the New Jersey average of $496,577.
The average cost of rent is $2,792/mo in 07927, primarily driven by the current value of real estate in the 07927 area. In 07927, 39.39% of households rent, and 28.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07927 is $13,941 per month. Households that rent pay about 20.03% of their income on rent here. 07927’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 07981, NJ: equally priced homes
- 07950, NJ: less expensive homes
- 07960, NJ: equally priced homes
- 07054, NJ: less expensive homes
- 07878, NJ: less expensive homes
- 07940, NJ: higher priced homes
- 07932, NJ: higher priced homes
- 07936, NJ: higher priced homes
- 07046, NJ: higher priced homes
- 07834, NJ: less expensive homes
Zip Codes with Similar Populations
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- 53076, WI: less expensive homes
- 49615, MI: less expensive homes
- 49448, MI: less expensive homes
- 49267, MI: less expensive homes
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