ZIP comparison · New York-Newark-Jersey City, NY-NJ
07006 vs 07661
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 | ZIP07006North Caldwell, NJ | ZIP07661River Edge, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $848,619 | $847,657 |
| 1-year appreciation | +4.9% | Better: +10.6% |
| 5-year CAGR | +6.3% | Better: +6.5% |
| 10-year CAGR | +4.5% | Better: +5.4% |
| Rent & investment | ||
| Monthly rent | $2,678 | Better: $2,242 |
| Gross yield | Better: 3.8% | 3.2% |
| Cap rate | Better: 2.3% | 1.9% |
| Property tax | ||
| Effective tax rate | Better: 1.9% | 2.3% |
| Typical annual tax | Better: $15,816 | $19,334 |
| Demographics | ||
| Population | 26,654 | 12,091 |
| Median household income | $149,102 | Better: $159,028 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,761 | Better: -2,294 |
| Schools | ||
| Public schools | 12 | 3 |
| Students enrolled | 5,241 | 1,782 |