07870, Schooleys Mountain, NJ

The 7870 zip code of Schooleys Mountain, NJ has a median home value of $269,900 and a median home equity value of $144,200. This is higher than the statewide median home value of $217,500 and the national median home equity value of $177,300. The 7870 zip code also has a lower than average rate of homeownership at 66.7%.

There are several factors that may contribute to the high home values in the 7870 zip code. First, Schooleys Mountain is located in an affluent area with a high population density. Second, there is a strong demand for housing in this area due to its proximity to major cities such as Philadelphia and New York City. Third, many homes in this zip code are owner-occupied which may lead to increased demand and higher prices. Finally, there is limited available land within this area which may contribute to increased prices.