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, NJ

ZIP 07662 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 07662

Median Home Value
$470,200
Median Rent
$1,641
Affordability Snapshot
$129,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,020/mo PITI).

17%
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.

23.9 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 07662 in NJ, a household would need roughly $129,000 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 $3,020. That is roughly in line with the local median household income ($118,259). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
80.1%+23% vs US avg
x
Vacancy Rate
2.9%-72% vs US avg
x
Broadband Access
94.7%+9% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
13.4%+5% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
39.4%-21% vs US avg
x
Mortgage-Free
32.4%-15% vs US avg
x
$470,200
Home Value
$1,641
Rent
1955
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached78.0%
  • 1-unit attached0.8%
  • 2-9 units7.7%
  • 10+ units13.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$470,200
Median rent$1,641
Owner-occupied80.1%
Vacant2.9%
Price-to-income4.0x
Est. income to buy$129,000