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Affordable
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These days, finding an affordable place to live in the 07945 area can be challenging. Home prices in 07945 are now at a median cost of $953,301, higher than the New Jersey average of $496,577.
The average cost of rent is $2,788/mo in 07945, primarily driven by the current value of real estate in the 07945 area. In 07945, 10.01% of households rent, and 29.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07945 is $19,608 per month. Households that rent pay about 14.22% of their income on rent here. 07945’s most expensive areas are in the southwestern 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
- 07970, NJ: equally priced homes
- 07930, NJ: less expensive homes
- 07869, NJ: less expensive homes
- 07924, NJ: equally priced homes
- 07934, NJ: less expensive homes
- 07876, NJ: less expensive homes
- 07931, NJ: equally priced homes
- 07960, NJ: less expensive homes
- 07977, NJ: equally priced homes
- 07803, NJ: less expensive homes
Zip Codes with Similar Populations
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- 70774, LA: less expensive homes
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- 58301, ND: less expensive homes
- 34448, FL: less expensive homes
- 55352, MN: less expensive homes
- 53120, WI: less expensive homes
- 52748, IA: less expensive homes
- 48040, MI: less expensive homes
- 77418, TX: less expensive homes
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