New York-Newark-Jersey City, NY-NJ-PA · New Jersey

Essex County

ZIP 07111

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 07111

Median home value

Gross yield

Buy Box score

0.4

Section 8 gap

Affordability

P/I: 5.5R/I: 30.8%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown31 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
071020.8
071030.6
071110.4
070180.3
071060.3
071120.3
070170.3
071140.3
071090.2
070500.2
071080.2
071040.2
07009$494,400$2,4505.9%0.267.9%
071070.2
07110$494,400$2,2805.5%0.256.3%
070030.1
071050.1
070520.1
07006$494,400$2,6706.5%0.183.0%
070440.1
070040.1
070680.0
07043$494,400$3,3108.0%0.0126.9%
070400.0
070420.0
070390.0
070790.0
070280.0
070410.0
070210.0
070780.0

Sort by any column. Click a ZIP for detail.

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

Data sources
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