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These days, finding an affordable place to live in the 08107 area can be challenging. Home prices in 08107 are now at a median cost of $194,444, lower than the New Jersey average of $388,929.
The average cost of rent is $1,218/mo in 08107, primarily driven by the current value of real estate in the 08107 area. While nearly 29.78% of residents own their homes outright in 08107, 42.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 08107 is $6,420 per month. Households that rent pay about 18.97% of their income on rent here. 08107's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 08108, NJ: higher priced homes
- 08104, NJ: less expensive homes
- 08106, NJ: higher priced homes
- 08059, NJ: equally priced homes
- 08030, NJ: less expensive homes
- 08035, NJ: higher priced homes
- 08103, NJ: less expensive homes
- 08033, NJ: higher priced homes
- 08031, NJ: equally priced homes
- 08105, NJ: less expensive homes
Zip Codes with Similar Populations
- 19968, DE: higher priced homes
- 86413, AZ: less expensive homes
- 64089, MO: higher priced homes
- 27249, NC: equally priced homes
- 24426, VA: less expensive homes
- 93204, CA: equally priced homes
- 18444, PA: higher priced homes
- 93640, CA: equally priced homes
- 70070, LA: higher priced homes
- 11951, NY: higher priced homes
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