What is the median home value in ZIP 07011 in Passaic County, NJ?

The median home value in ZIP 07011 in Passaic County, NJ is $566,611, according to the latest Census ACS 5-Year Estimates.

What is the rent-to-income ratio in ZIP 07011?

The rent-to-income ratio in ZIP 07011 is 33.9%, based on HUD Fair Market Rent divided by Census median household income. This indicates a rent-burdened area where tenants spend over 30% of income on housing.

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

Passaic County

ZIP 07011

518,289 residents624 permits TTM$87,137 median HHI27 ZIP codesUpdated April 16, 2026

Investor first look

Median home value

$439,400

ACS 5-Year

Cap rate proxy

6.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.4%

HUD FMR ÷ ACS HHI

Net migration

+1.77%

IRS SOI

Permits (TTM)

624

Census BPS

Climate risk

95.8

FEMA NRI (0–100)

ZIP 07011

Median home value

$566,611

Gross yield

4.8%

Cap rate

5.2%

Rent gap

-9.2%

Affordability

P/I: 6.5R/I: 33.9%

Section 8 detail

SAFMR: $2,250Rent: $1,553Gap: 44.9%

ZIP code breakdown27 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
07421	$463,697	$3,020	7.8%	4.0%	48.6%
07501	$467,717	$1,900	4.9%	5.2%	-7.0%
07420	$481,545	$2,430	6.1%	3.9%	36.1%
07480	$470,855	$2,020	5.1%	4.0%	23.1%
07465	$516,629	$2,900	6.7%	3.6%	46.5%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$616,643	$2,300	4.5%	5.3%	-18.0%
$566,611	$2,250	4.8%	5.2%	-9.2%
$475,799	$1,970	5.0%	5.2%	-4.2%
$543,190	$1,890	4.2%	5.1%	-22.6%
$534,608	$1,960	4.4%	5.0%	-12.6%
$613,601	$2,360	4.6%	4.7%	-2.6%
$619,408	$2,310	4.5%	4.7%	-5.3%
$620,590	$2,360	4.6%	4.5%	0.9%
$533,428	$1,980	4.5%	4.5%	-1.0%
$717,702	$2,660	4.4%	4.3%	2.6%
$439,400county est.	$1,620	4.4%	4.2%	4.1%
$532,999	$1,990	4.5%	3.5%	22.0%
$536,390	$2,480	5.5%	3.5%	37.4%
$539,140	$2,370	5.3%	3.5%	34.5%
$542,474	$2,120	4.7%	3.4%	26.8%
$569,217	$2,620	5.5%	3.3%	40.7%
$573,834	$1,990	4.2%	3.2%	22.0%
$580,533	$2,130	4.4%	3.2%	27.1%
$582,186	$2,860	5.9%	3.2%	45.7%
$601,418	$2,240	4.5%	3.1%	30.7%
$634,988	$2,260	4.3%	2.9%	31.3%
$641,297	$2,220	4.2%	2.9%	30.1%

Demographics

Owner-occupied

52.8%

Census ACS

Vacancy rate

4.0%

Census ACS

Bachelor's degree +

30.3%

Census ACS

Rent burdened

52.4%

Census ACS (>30% income)

Median age

38.1

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

Passaic County

See all 27 ZIPs ranked by yield and cap rate