ZIP comparison · New York-Newark-Jersey City, NY-NJ
07901 vs 07928
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 | ZIP07901Summit, NJ | ZIP07928Chatham, NJ |
|---|---|---|
| Home value | ||
| Typical home value | Better: $1,356,378 | $1,351,859 |
| 1-year appreciation | Better: +10.6% | +9.2% |
| 5-year CAGR | Better: +7.5% | +7.2% |
| 10-year CAGR | +4.5% | Better: +4.6% |
| Rent & investment | ||
| Monthly rent | Better: $2,750 | $3,185 |
| Gross yield | 2.4% | Better: 2.8% |
| Cap rate | 1.5% | Better: 1.7% |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.5% |
| Typical annual tax | $20,512 | Better: $19,722 |
| Demographics | ||
| Population | 24,314 | 19,974 |
| Median household income | $179,701 | Better: $220,982 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Moderate |
| Net migration | -1,953 | Better: -1,398 |
| Schools | ||
| Public schools | 7 | 6 |
| Students enrolled | 3,664 | 3,523 |