ZIP comparison · New York-Newark-Jersey City, NY-NJ

07042 vs 11220

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.

MetricZIP07042NJZIP11220New York, NY
Home value
Typical home valueBetter: $935,195$934,397
1-year appreciationBetter: +5.8%+4.2%
5-year CAGRBetter: +6.0%-4.6%
10-year CAGRBetter: +5.8%-2.9%
Rent & investment
Monthly rent$2,982Better: $2,625
Gross yieldBetter: 3.8%3.4%
Cap rateBetter: 2.3%2.0%
Property tax
Effective tax rate2.1%Better: 0.5%
Typical annual tax$19,529Better: $4,955
Demographics
Population27,32690,652
Median household incomeBetter: $122,847$69,883
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migrationBetter: -3,761-11,517
Schools
Public schools1112
Students enrolled6,1007,181