ZIP comparison · New York-Newark-Jersey City, NY-NJ
07701 vs 10705
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 | ZIP07701Red Bank, NJ | ZIP10705Yonkers, NY |
|---|---|---|
| Home value | ||
| Typical home value | Better: $701,672 | $700,398 |
| 1-year appreciation | Better: +6.6% | +5.0% |
| 5-year CAGR | Better: +7.3% | +5.1% |
| 10-year CAGR | Better: +6.4% | +5.6% |
| Rent & investment | ||
| Monthly rent | $3,119 | Better: $2,591 |
| Gross yield | Better: 5.3% | 4.4% |
| Cap rate | Better: 3.2% | 2.7% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.5% |
| Typical annual tax | $11,547 | Better: $10,445 |
| Demographics | ||
| Population | 24,376 | 38,887 |
| Median household income | Better: $112,143 | $67,918 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -1,755 | -3,865 |
| Schools | ||
| Public schools | 5 | 8 |
| Students enrolled | 1,923 | 4,829 |