ZIP Code 07304 — Jersey City, NJ Home Prices (2026)
The typical home in ZIP 07304 (Jersey City, New Jersey) is worth about $547,000 at roughly $441 per square foot — 17% more affordable than the Jersey City median and 86% more expensive than the typical U.S. home.
How 07304 compares
ZIP 07304 is a mid-priced ZIP code for Jersey City: its typical home value of $547,000 ranks #4 of the 6 Jersey City ZIP codes we track (the citywide range runs from $540,000 in 07305 to $1,017,000 in 07310). Per square foot it costs about $441, against $565 for Jersey City as a whole, $324 for New Jersey, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 07304 | $547,000 | $441 |
| Jersey City, NJ | $660,500 | $565 |
| New Jersey | $579,000 | $324 |
| United States | $294,000 | $195 |
Home value by size in 07304
Using this ZIP’s rate of about $441 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $441,000 |
| 1,500 sq ft | $661,500 |
| 2,000 sq ft | $882,000 |
| 2,500 sq ft | $1,102,500 |
| 3,000 sq ft | $1,323,000 |
Salary needed to buy a home in ZIP 07304
To buy the typical $547,000 home in ZIP 07304 with 20% down, you need a household income of roughly $149,000 a year (about $3,470 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $177,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $27,400 | $4,320/mo | $185,000/yr |
| 10% (+PMI) | $54,700 | $4,130/mo | $177,000/yr |
| 20% | $109,400 | $3,470/mo | $149,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 07304
At about $441 per square foot, here is roughly how much home different budgets get you in ZIP 07304:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $250k | 570 sq ft | below the local median — condos, smaller or older homes |
| $300k | 680 sq ft | below the local median — condos, smaller or older homes |
| $400k | 910 sq ft | below the local median — condos, smaller or older homes |
| $500k | 1130 sq ft | around the typical home here |
| $600k | 1360 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 07304 home.
Estimate a specific home in 07304
The estimator below is pre-set to ZIP 07304 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Jersey City ZIP codes by home value
Where 07304 sits among Jersey City’s 6 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 07310 | $1,017,000 | $907 |
| 2 | 07302 | $903,000 | $931 |
| 3 | 07307 | $774,000 | $596 |
| 4 | 07304 (this page) | $547,000 | $441 |
| 5 | 07306 | $546,000 | $534 |
| 6 | 07305 | $540,000 | $393 |
ZIP 07304 home prices: frequently asked
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See the full Jersey City home values page, all New Jersey cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.