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Plainfield city, NJ

ZIP 07062 — 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 07062

Median Home Value
$374,200
Median Rent
$1,629
Affordability Snapshot
$103,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,404/mo PITI).

21%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

19.1 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 07062 in Plainfield city, NJ, a household would need roughly $103,000 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 $2,404. That is roughly in line with the local median household income ($92,711). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
62.1%-5% vs US avg
x
Vacancy Rate
3.2%-69% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
6.8%-54% vs US avg
x
Built Pre-1939
13.6%+6% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
25.8%-48% vs US avg
x
Mortgage-Free
21.8%-43% vs US avg
x
$374,200
Home Value
$1,629
Rent
1951
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 detached60.3%
  • 1-unit attached3.0%
  • 2-9 units27.3%
  • 10+ units9.0%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$374,200
Median rent$1,629
Owner-occupied62.1%
Vacant3.2%
Price-to-income4.0x
Est. income to buy$103,000