07801, Dover, NJ

The 7801 zip code of Dover, NJ has a median home value of $175,000 and a median home equity of $101,000. This is lower than the statewide median home value of $328,500 and the national median home equity of $146,200. The 7801 zip code also has a lower than average homeownership rate of 63%.

There are several factors that may contribute to the lower home values in the 7801 zip code. One reason may be that this area is not as affluent as other parts of New Jersey. Additionally, there may be fewer opportunities for people to purchase homes here because of the high cost of housing. Finally, many people in this zip code may be renters rather than homeowners.