ZIP comparison · New York-Newark-Jersey City, NY-NJ
07860 vs 08740
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 | ZIP07860Newton, NJ | ZIP08740Ocean Gate, NJ |
|---|---|---|
| Home value | ||
| Typical home value | $441,874 | Better: $442,711 |
| 1-year appreciation | +2.2% | Better: +3.9% |
| 5-year CAGR | +6.2% | Better: +9.1% |
| 10-year CAGR | +6.0% | Better: +8.2% |
| Rent & investment | ||
| Monthly rent | $2,077 | — |
| Gross yield | 5.6% | — |
| Cap rate | 3.4% | — |
| Property tax | ||
| Effective tax rate | 2.3% | Better: 1.8% |
| Typical annual tax | $10,025 | Better: $8,010 |
| Demographics | ||
| Population | 26,047 | 1,599 |
| Median household income | Better: $110,045 | $69,397 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | +98 | Better: +263 |
| Schools | ||
| Public schools | 9 | 1 |
| Students enrolled | 3,362 | 133 |