ZIP comparison · New York-Newark-Jersey City, NY-NJ
07021 vs 10023
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 | ZIP07021Essex Fells, NJ | ZIP10023New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $1,449,078 | $1,442,748 |
| 1-year appreciation | Better: +8.5% | +1.0% |
| 5-year CAGR | Better: +8.2% | -2.5% |
| 10-year CAGR | Better: +5.8% | -0.7% |
| Rent & investment | ||
| Monthly rent | — | $5,083 |
| Gross yield | — | 4.2% |
| Cap rate | — | 2.5% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 0.7% |
| Typical annual tax | $22,648 | Better: $10,742 |
| Demographics | ||
| Population | 2,361 | 69,455 |
| Median household income | Better: $250,001 | $159,874 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,761 | Better: +2,935 |
| Schools | ||
| Public schools | 1 | 11 |
| Students enrolled | 247 | 6,397 |