Median home value in zip code 07648 (Norwood, NJ) is $874,856, up 4.9% year over year. Part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area.

Home Value$874,856

YoY Change

+4.9%

Prices rising — worse for buyers.

Affordability

Enter your income for 07648 (Norwood).

Income (annual)

Down Payment

$174,971 on $874,856

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

Out of reach82.9% of income

Need $222,086/yr to afford.

PITI$5,182

P/I82.9%

Afford$295K

Gap-$579K

P&I $4,424Tax $642Ins $117

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

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

Metro Analysis

07648 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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