ZIP comparison · New York-Newark-Jersey City, NY-NJ
07420 vs 08731
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 | ZIP07420Wanaque, NJ | ZIP08731Forked River CDP, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $494,774 | Better: $494,982 |
| 1-year appreciation | Better: +4.9% | +4.3% |
| 5-year CAGR | +7.5% | Better: +8.4% |
| 10-year CAGR | Better: +7.2% | +7.1% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | 2.4% | Better: 1.6% |
| Typical annual tax | $11,776 | Better: $7,913 |
| Demographics | ||
| Population | 5,316 | 21,629 |
| Median household income | Better: $109,278 | $98,582 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -2,927 | Better: +263 |
| Schools | ||
| Public schools | 1 | 3 |
| Students enrolled | 373 | 1,306 |