ZIP comparison · New York-Newark-Jersey City, NY-NJ
07456 vs 08876
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 | ZIP07456Ringwood, NJ | ZIP08876Somerville, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $599,701 | Better: $600,821 |
| 1-year appreciation | Better: +6.1% | +1.3% |
| 5-year CAGR | Better: +7.0% | +6.0% |
| 10-year CAGR | Better: +6.3% | +5.1% |
| Rent & investment | ||
| Monthly rent | — | $2,406 |
| Gross yield | — | 4.8% |
| Cap rate | — | 2.9% |
| Property tax | ||
| Effective tax rate | 2.7% | Better: 2.0% |
| Typical annual tax | $16,009 | Better: $12,212 |
| Demographics | ||
| Population | 11,657 | 23,380 |
| Median household income | Better: $152,414 | $122,884 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -2,927 | Better: -793 |
| Schools | ||
| Public schools | 4 | 5 |
| Students enrolled | 1,003 | 2,884 |