ZIP comparison · New York-Newark-Jersey City, NY-NJ
07046 vs 11216
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 | ZIP07046Mountain Lakes, NJ | ZIP11216New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $1,205,408 | $1,203,166 |
| 1-year appreciation | Better: +6.4% | +6.1% |
| 5-year CAGR | Better: +6.6% | +3.3% |
| 10-year CAGR | +3.9% | Better: +4.0% |
| Rent & investment | ||
| Monthly rent | — | $3,449 |
| Gross yield | — | 3.4% |
| Cap rate | — | 2.1% |
| Property tax | ||
| Effective tax rate | 2.2% | Better: 0.5% |
| Typical annual tax | $26,007 | Better: $5,661 |
| Demographics | ||
| Population | 4,585 | 60,685 |
| Median household income | Better: $250,001 | $101,277 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: -1,398 | -11,517 |
| Schools | ||
| Public schools | 4 | 11 |
| Students enrolled | 1,310 | 4,101 |