ZIP comparison · New York-Newark-Jersey City, NY-NJ
07646 vs 08807
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 | ZIP07646New Milford, NJ | ZIP08807Martinsville CDP, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $731,042 | $730,718 |
| 1-year appreciation | Better: +8.0% | +1.8% |
| 5-year CAGR | Better: +6.9% | +5.8% |
| 10-year CAGR | Better: +6.1% | +4.4% |
| Rent & investment | ||
| Monthly rent | $4,200 | Better: $2,800 |
| Gross yield | Better: 6.9% | 4.6% |
| Cap rate | Better: 4.1% | 2.8% |
| Property tax | ||
| Effective tax rate | 2.2% | Better: 1.7% |
| Typical annual tax | $16,364 | Better: $12,591 |
| Demographics | ||
| Population | 16,995 | 39,560 |
| Median household income | $114,889 | Better: $168,696 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -2,294 | Better: -793 |
| Schools | ||
| Public schools | 4 | 13 |
| Students enrolled | 2,036 | 7,452 |