ZIP comparison · New York-Newark-Jersey City, NY-NJ
07104 vs 10040
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 | ZIP07104Newark, NJ | ZIP10040New York, NY |
|---|---|---|
| Home value | ||
| Typical home value | $504,197 | Better: $504,535 |
| 1-year appreciation | -1.8% | Better: -0.7% |
| 5-year CAGR | Better: +5.1% | -4.2% |
| 10-year CAGR | Better: +8.1% | +0.8% |
| Rent & investment | ||
| Monthly rent | Better: $2,016 | $2,849 |
| Gross yield | 4.8% | Better: 6.8% |
| Cap rate | 2.9% | Better: 4.1% |
| Property tax | ||
| Effective tax rate | 1.7% | Better: 0.5% |
| Typical annual tax | $8,496 | Better: $2,689 |
| Demographics | ||
| Population | 52,266 | 40,096 |
| Median household income | $53,978 | Better: $65,516 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,761 | Better: +2,935 |
| Schools | ||
| Public schools | 16 | 12 |
| Students enrolled | 11,788 | 5,921 |