Median home value in zip code 07081 (Springfield, NJ) is $703K, up 3.4% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: New York-Newark-Jersey City, NY-NJ-PA metro →

Home Value$702,569

YoY Change

+3.4%

AFFORDABILITY

Enter your income for 07081 (Springfield).

Income (annual)

Down Payment

$140,514 on $702,569

Out of reach — 66.9% of income

Need $179,314/yr to afford.

PITI$4,184

P/I66.9%

Afford$294K

Gap-$409K

P&I $3,553Tax $515Ins $117

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

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

Metro Analysis

07081 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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