ZIP comparison · New York-Newark-Jersey City, NY-NJ

07856 vs 10040

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.

MetricZIP07856Mount Arlington, NJZIP10040New York, NY
Home value
Typical home valueBetter: $504,636$504,535
1-year appreciationBetter: +3.1%-0.7%
5-year CAGRBetter: +7.2%-4.2%
10-year CAGRBetter: +5.1%+0.8%
Rent & investment
Monthly rentBetter: $2,698$2,849
Gross yield6.4%Better: 6.8%
Cap rate3.8%Better: 4.1%
Property tax
Effective tax rate1.8%Better: 0.5%
Typical annual tax$9,249Better: $2,689
Demographics
Population4,77440,096
Median household incomeBetter: $92,466$65,516
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively High
Net migration-1,398Better: +2,935
Schools
Public schools212
Students enrolled3505,921