ZIP comparison · New York-Newark-Jersey City, NY-NJ
07047 vs 08904
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 | ZIP07047NJ | ZIP08904Highland Park, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $583,793 | Better: $584,222 |
| 1-year appreciation | +1.5% | Better: +3.2% |
| 5-year CAGR | +5.4% | Better: +6.8% |
| 10-year CAGR | Better: +7.0% | +4.9% |
| Rent & investment | ||
| Monthly rent | $2,700 | Better: $2,428 |
| Gross yield | Better: 5.5% | 5.0% |
| Cap rate | Better: 3.3% | 3.0% |
| Property tax | ||
| Effective tax rate | Better: 1.7% | 2.8% |
| Typical annual tax | Better: $9,859 | $16,324 |
| Demographics | ||
| Population | 61,250 | 15,121 |
| Median household income | $78,911 | Better: $104,694 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -1,142 | -3,628 |
| Schools | ||
| Public schools | 8 | 4 |
| Students enrolled | 7,114 | 1,594 |