New York-Newark-Jersey City, NY-NJ-PA · New Jersey
Essex County
854,130 residents4,028 permits TTM$76,712 median HHI31 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$494,400
ACS 5-Year
Cap rate proxy
5.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
22.8%
HUD FMR ÷ ACS HHI
Net migration
+2.04%
IRS SOI
Permits (TTM)
4,028
Census BPS
Climate risk
97.7
FEMA NRI (0–100)
ZIP code breakdown31 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 07102 | — | — | — | 7.3% | -5.0% |
| 07103 | — | — | — | 6.4% | 9.6% |
| 07111 | — | — | — | 5.6% | 15.4% |
| 07018 | — | — | — | 5.4% | 11.5% |
| 07106 | — | — | — | 5.4% | 11.3% |
| 07109 | — | — | — | 5.3% | 4.0% |
| 07017 | — | — | — | 5.3% | 8.7% |
| 07112 | — | — | — | 5.3% | 10.6% |
| 07108 | — | — | — | 5.1% | 9.9% |
| 07052 | — | — | — | 5.1% | -21.3% |
| 07114 | — | — | — | 5.0% | 16.5% |
| 07104 | — | — | — | 5.0% | 12.8% |
| 07107 | — | — | — | 5.0% | 10.5% |
| 07050 | — | — | — | 4.9% | 19.2% |
| 07039 | — | — | — | 4.9% | -83.0% |
| 07003 | — | — | — | 4.9% | -1.4% |
| 07105 | — | — | — | 4.7% | 4.0% |
| 07110 | $639,271 | $2,280 | 4.3% | 4.6% | -7.5% |
| 07040 | — | — | — | 4.2% | -36.1% |
| 07042 | — | — | — | 3.9% | -25.8% |
| 07079 | — | — | — | 3.7% | -39.0% |
| 07006 | $813,481 | $2,670 | 3.9% | 3.4% | 13.2% |
| 07009 | $733,002 | $2,450 | 4.0% | 2.4% | 40.5% |
| 07044 | — | — | — | 2.4% | 37.2% |
| 07004 | — | — | — | 2.2% | 37.2% |
| 07068 | — | — | — | 2.2% | 37.2% |
| 07028 | — | — | — | 1.6% | 37.2% |
| 07041 | — | — | — | 1.4% | 37.2% |
| 07043 | $1,328,009 | $3,310 | 3.0% | 1.3% | 55.9% |
| 07021 | — | — | — | 1.3% | 37.2% |
| 07078 | — | — | — | 0.8% | -130.3% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
44.5%
Census ACS
Vacancy rate
5.4%
Census ACS
Bachelor's degree +
37.9%
Census ACS
Rent burdened
51.9%
Census ACS (>30% income)
Median age
37.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026