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Avenel CDP, NJ

ZIP 07001 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07001

Median Home Value
$351,200
Median Rent
$1,703
Affordability Snapshot
$97,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,256/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 07001 in Avenel CDP, NJ, a household would need roughly $97,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,256. That is roughly in line with the local median household income ($95,935). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
49.7%-24% vs US avg
x
Vacancy Rate
1.1%-89% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
1.9%-87% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
13.2%-73% vs US avg
x
Mortgage-Free
39.5%+3% vs US avg
x
$351,200
Home Value
$1,703
Rent
1978
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached41.1%
  • 1-unit attached5.0%
  • 2-9 units19.2%
  • 10+ units29.3%
  • Mobile home & other5.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$351,200
Median rent$1,703
Owner-occupied49.7%
Vacant1.1%
Price-to-income3.7x
Est. income to buy$97,000