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

07050 vs 07114

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.

MetricZIP07050NJZIP07114Newark, NJ
Home value
Typical home valueBetter: $469,315$467,687
1-year appreciationBetter: -0.6%-4.0%
5-year CAGRBetter: +5.6%+2.4%
10-year CAGRBetter: +9.9%+6.9%
Rent & investment
Monthly rentBetter: $1,875$1,991
Gross yield4.8%Better: 5.1%
Cap rate2.9%Better: 3.1%
Property tax
Effective tax rate2.7%Better: 2.1%
Typical annual tax$12,506Better: $9,709
Demographics
Population34,18113,670
Median household incomeBetter: $52,563$36,019
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-3,761-3,761
Schools
Public schools112
Students enrolled5,286358