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, NJ

ZIP 07803 — 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 07803

Median Home Value
$377,800
Median Rent
$1,738
Affordability Snapshot
$104,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,427/mo PITI).

18%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

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

18.1 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 07803 in NJ, a household would need roughly $104,000 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 $2,427. That is roughly in line with the local median household income ($113,861). 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
88.4%+35% vs US avg
x
Vacancy Rate
5.1%-51% vs US avg
x
Broadband Access
92.4%+6% vs US avg
x
4+ Bedrooms
4.2%-72% vs US avg
x
Built Pre-1939
8.3%-35% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
45.3%-9% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$377,800
Home Value
$1,738
Rent
1963
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached74.5%
  • 1-unit attached11.7%
  • 2-9 units11.6%
  • 10+ units2.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$377,800
Median rent$1,738
Owner-occupied88.4%
Vacant5.1%
Price-to-income3.3x
Est. income to buy$104,000