ZIP 07753 - 860Z200US07753 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 07753, located in New Jersey, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. With a population of over 37,000 and a diverse community, this ZIP code presents a mix of opportunities for homebuyers, real estate investors, small-business owners, and analysts. From median income levels to housing costs and racial composition, we’ve compiled key metrics to help you make informed decisions about living or working in 07753.

Population & Households

ZIP 07753 is home to a substantial population of 37,208 residents as of 2023. This figure reflects a community large enough to support local businesses while maintaining a manageable size for those seeking a suburban feel. The area comprises 15,810 households, indicating a strong residential base. With 16,701 total housing units, there’s a slight surplus of homes compared to occupied households, which could suggest availability for new residents or investors looking to buy or rent properties in this area.

Income & Housing Costs

Financially, ZIP 07753 stands out with a median household income of $92,824, pointing to a relatively affluent community with solid earning potential. This income level can support a comfortable lifestyle and suggests that residents have disposable income for local goods and services. On the housing front, the median house value is $390,900, which reflects a competitive real estate market. For renters, the median rent is $1,740 per month, indicating a significant cost for those not ready to buy. These figures are critical for homebuyers assessing affordability and for investors evaluating potential returns on rental properties or home sales in 07753.

Race & Ethnicity

The demographic makeup of ZIP 07753 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. The racial composition in 2023 breaks down as follows: 50.84% White, 26.01% Black, 2.86% Asian, and 16.07% Hispanic. This diversity can be a draw for families seeking inclusive communities and for businesses aiming to cater to varied customer bases. Understanding the cultural landscape of 07753 can help tailor real estate marketing strategies or business offerings to resonate with local demographics.

Key Facts

• Total population: 37,208 residents in 2023, indicating a sizable community.
• Total households: 15,810, showing a strong residential presence.
• Total housing units: 16,701, suggesting some availability for new occupants.
• Median household income: $92,824, reflecting a financially stable area.
• Median house value: $390,900, indicative of a competitive housing market.
• Median rent: $1,740 per month, a notable cost for renters.
• Racial diversity: White (50.84%), Black (26.01%), Hispanic (16.07%), Asian (2.86%).

What This Means for You

For homebuyers, ZIP 07753 offers a vibrant community with a median house value of $390,900, which may require careful budgeting but aligns with the area’s higher median income of $92,824. The slight surplus of housing units (16,701 vs. 15,810 households) could mean opportunities to find a home, though competition may still be stiff given the market value. Investors and real estate agents will find potential in both buying and renting properties, as the median rent of $1,740 suggests demand for rental units, while the diverse population offers a broad tenant pool. Small-business owners can leverage the area’s diversity and income levels to target products or services to a multicultural, financially stable audience. Analysts can use these metrics to benchmark 07753 against neighboring ZIP codes for deeper market studies. Whether you’re settling down or setting up shop, these insights provide a foundation for your next steps.

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