07006, Caldwell, NJ

The 7006 zip code of Caldwell, NJ has a population of about 25,000 and an average home value of $147,000. The median home value in this zip code is $128,000. The 7006 zip code has a lower than average percentage of homeowners with mortgages at just 54%. This indicates that most people in the 7006 zip code are able to borrow money against their homes to help them purchase or improve their homes.

The 7006 zip code also has a high percentage of owner-occupied homes at 78%. This indicates that many people in the 7006 zip code are able to live in their homes without having to worry about paying rent or mortgage payments. This is likely due to the low percentage of mortgages in this area and the high percentage of owner-occupied homes.

Overall, it appears that the home equity and home prices in the 7006 zip code are relatively stable. This is likely due to the low percentage of mortgages in this area and the high percentage of owner-occupied homes.