ZIP comparison · New York-Newark-Jersey City, NY-NJ
07002 vs 08050
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP07002Bayonne, NJ | ZIP08050Ocean Acres CDP, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $590,391 | $589,901 |
| 1-year appreciation | +1.6% | Better: +4.4% |
| 5-year CAGR | +5.4% | Better: +8.8% |
| 10-year CAGR | +7.3% | Better: +8.1% |
| Rent & investment | ||
| Monthly rent | $2,368 | — |
| Gross yield | 4.8% | — |
| Cap rate | 2.9% | — |
| Property tax | ||
| Effective tax rate | 2.2% | Better: 1.5% |
| Typical annual tax | $12,831 | Better: $8,647 |
| Demographics | ||
| Population | 71,553 | 28,053 |
| Median household income | $83,887 | Better: $115,676 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -1,142 | Better: +263 |
| Schools | ||
| Public schools | 13 | 8 |
| Students enrolled | 10,271 | 5,513 |