ZIP comparison · New York-Newark-Jersey City, NY-NJ
07103 vs 07422
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 | ZIP07103Newark, NJ | ZIP07422Highland Lakes CDP, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $399,610 | Better: $400,314 |
| 1-year appreciation | +1.5% | Better: +2.2% |
| 5-year CAGR | +5.0% | Better: +7.0% |
| 10-year CAGR | Better: +9.3% | +7.4% |
| Rent & investment | ||
| Monthly rent | $2,195 | — |
| Gross yield | 6.6% | — |
| Cap rate | 4.0% | — |
| Property tax | ||
| Effective tax rate | Better: 1.8% | 2.3% |
| Typical annual tax | Better: $7,131 | $9,086 |
| Demographics | ||
| Population | 37,293 | 5,280 |
| Median household income | $51,534 | Better: $108,722 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -3,761 | Better: +98 |
| Schools | ||
| Public schools | 19 | — |
| Students enrolled | 9,379 | — |