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

Union County

ZIP 07066

572,549 residents1,616 permits TTM$100,117 median HHI26 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$488,800

ACS 5-Year

Cap rate proxy

5.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.9%

HUD FMR ÷ ACS HHI

Net migration

+2.27%

IRS SOI

Permits (TTM)

1,616

Census BPS

Climate risk

95.5

FEMA NRI (0–100)

ZIP 07066

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

39.7%

Affordability

P/I: 7.0R/I:

Section 8 detail

SAFMR: $2,324Rent: $1,664Gap: 39.7%
ZIP code breakdown26 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
072058.5%-54.9%
072015.9%-5.6%
072035.8%-5.8%
070655.7%-7.1%
070365.5%-5.8%
070835.4%-11.7%
072065.4%2.8%
072085.3%-7.6%
072025.2%6.4%
070604.9%9.2%
070164.7%-27.2%
070884.3%28.4%
070634.2%28.4%
070814.2%-4.6%
070624.0%28.4%
072043.7%28.4%
079743.2%-11.8%
070333.2%28.4%
070273.0%28.4%
070662.8%28.4%
079012.7%-26.0%
070232.6%28.4%
070762.5%28.4%
070902.5%-9.9%
079222.2%28.4%
070921.9%28.4%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

57.6%

Census ACS

Vacancy rate

4.5%

Census ACS

Bachelor's degree +

38.6%

Census ACS

Rent burdened

48.8%

Census ACS (>30% income)

Median age

39.1

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