07843, Hopatcong, NJ

The 7843 zip code of Hopatcong, NJ has a median home value of $225,000. This is higher than the statewide median home value of $174,500 and the national median home value of $177,200. The 7843 zip code also has a higher than average percentage of homes with a mortgage at 85%. This is higher than the statewide mortgage rate of 76% and the national mortgage rate of 74%.

There are several factors that may contribute to the high home values in the 7843 zip code. First, Hopatcong is located in an affluent area with a high population density. Second, there are many well-maintained homes in this zip code which may be worth more due to their location or features. Third, Hopatcong has experienced strong growth over the past few years which may have led to increased demand for housing and increased prices. Finally, Hopatcong residents may be able to afford more expensive homes due to their incomes or savings rates.