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

Sussex County

ZIP 07848

145,117 residents184 permits TTM$114,316 median HHI19 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$342,800

ACS 5-Year

Cap rate proxy

8.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

15.8%

HUD FMR ÷ ACS HHI

Net migration

+2.42%

IRS SOI

Permits (TTM)

184

Census BPS

Climate risk

77.4

FEMA NRI (0–100)

ZIP 07848

Median home value

Gross yield

Buy Box score

0.7

Section 8 gap

Affordability

P/I: 4.1R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown19 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
07460$342,800$3,22011.3%1.0114.2%
074620.9
078270.9
074160.8
074220.8
074190.8
074390.8
078740.7
074610.7
078260.7
078430.7
074180.7
078480.7
078600.7
078210.6
078220.6
078710.5
07851
07881

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Demographics

Owner-occupied

84.9%

Census ACS

Vacancy rate

8.7%

Census ACS

Bachelor's degree +

40.0%

Census ACS

Rent burdened

49.3%

Census ACS (>30% income)

Median age

44.1

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