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Home values, rents and more in ZIP code 07885 (Wharton, NJ)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$494,000
Metro: $731,000 · U.S.: $366,000
Home values, past year
+0.9%
Metro: +4.9% · U.S.: +1.2%
Typical rent
$2,584/mo
Metro: $3,546 · U.S.: $1,932
Population
11,806
ACS 2020–24
Median household income
$100,716
Metro: $99,155 · U.S.: $80,734
ZIP codes around 07885, shaded by typical home value0788507871078210743807866078690700507405074800783607435078280705407801
  • Under $500k
  • $500k–$530k
  • $530k–$660k
  • $660k–$820k
  • $820k+
  • No data
ZIP codes around 07885, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 07885 is outlined.

How 07885 compares

The typical home in ZIP code 07885 (Wharton, NJ) is worth about $494,000, according to the Zillow Home Value Index for September 2026. Home values in 07885 are 32% below the typical value in the New York metro area ($731,000) and 35% above the U.S. typical value ($366,000).

Over the past year, home values in 07885 rose 0.9%, compared with +4.9% in the New York metro area and +1.2% nationally.

Typical rent is $2,584 a month (Zillow Observed Rent Index), 27% below the New York metro area ($3,546) and 34% above the U.S. ($1,932).

The median household income is $100,716, against $99,155 in the New York metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 11,806 people live in 07885 (American Community Survey 2020–24).

07885 has the 67th-lowest typical home value of the 815 ZIP codes in the New York metro area and the 179th-lowest of 546 in New Jersey with Zillow figures.

Part of: Wharton, NJ · Morris County, NJ · New York metro area · New Jersey

More for 07885 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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