Expensive
Affordable
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These days, finding an affordable place to live in the 07931 area can be challenging. Home prices in 07931 are now at a median cost of $957,773, higher than the New Jersey average of $496,577.
The average cost of rent is $2,660/mo in 07931, primarily driven by the current value of real estate in the 07931 area. In 07931, 13.25% of households rent, and 41.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07931 is $16,328 per month. Households that rent pay about 16.29% of their income on rent here. 07931’s most expensive areas are in the northeastern 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
- 07977, NJ: equally priced homes
- 07934, NJ: less expensive homes
- 07921, NJ: less expensive homes
- 07924, NJ: equally priced homes
- 07920, NJ: less expensive homes
- 07979, NJ: less expensive homes
- 07939, NJ: higher priced homes
- 07945, NJ: equally priced homes
- 07930, NJ: less expensive homes
- 08858, NJ: less expensive homes
Zip Codes with Similar Populations
- 49635, MI: less expensive homes
- 88231, NM: less expensive homes
- 49746, MI: less expensive homes
- 26456, WV: less expensive homes
- 44264, OH: less expensive homes
- 01908, MA: less expensive homes
- 53910, WI: less expensive homes
- 63869, MO: less expensive homes
- 75778, TX: less expensive homes
- 46071, IN: less expensive homes
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