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Affordable
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These days, finding an affordable place to live in the 07979 area can be challenging. Home prices in 07979 are now at a median cost of $850,017, higher than the New Jersey average of $496,577.
The average cost of rent is $3,403/mo in 07979, primarily driven by the current value of real estate in the 07979 area. In 07979, 12.27% of households rent, and 26.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 07979 is $13,617 per month. Households that rent pay about 24.99% of their income on rent here. 07979’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
- 08858, NJ: equally priced homes
- 07934, NJ: equally priced homes
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- 07830, NJ: less expensive homes
- 07930, NJ: equally priced homes
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Zip Codes with Similar Populations
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- 93621, CA: less expensive homes
- 94516, CA: higher priced homes
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