Median home value in zip code 07016 (Cranford, NJ) is $755,179, up 7.5% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$755,179

YoY Change

+7.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 07016 (Cranford).

Income (annual)

Down Payment

$151,036 on $755,179

Example: $75,000 household income. Change it above to see your own.

Out of reach71.8% of income

Need $192,386/yr to afford.

PITI$4,489

P/I71.8%

Afford$294K

Gap-$461K

P&I $3,819Tax $554Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

07016 is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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