ZIP comparison · New York-Newark-Jersey City, NY-NJ
07104 vs 11961
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 | ZIP11961Ridge CDP, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $504,197 | $503,860 |
| 1-year appreciation | -1.8% | Better: +5.7% |
| 5-year CAGR | +5.1% | Better: +7.3% |
| 10-year CAGR | Better: +8.1% | +8.0% |
| Rent & investment | ||
| Monthly rent | Better: $2,016 | $3,580 |
| Gross yield | 4.8% | Better: 8.5% |
| Cap rate | 2.9% | Better: 5.1% |
| Property tax | ||
| Effective tax rate | Better: 1.7% | 1.8% |
| Typical annual tax | Better: $8,496 | $9,149 |
| Demographics | ||
| Population | 52,266 | 12,315 |
| Median household income | $53,978 | Better: $76,216 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -3,761 | -5,930 |
| Schools | ||
| Public schools | 16 | 1 |
| Students enrolled | 11,788 | 703 |