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

07931 vs 11249

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.

MetricZIP07931Far Hills, NJZIP11249New York, NY
Home value
Typical home value$1,429,423Better: $1,438,104
1-year appreciation+1.6%Better: +3.3%
5-year CAGRBetter: +7.3%+1.8%
10-year CAGRBetter: +3.5%+1.1%
Rent & investment
Monthly rent$5,245
Gross yield4.4%
Cap rate2.6%
Property tax
Effective tax rate1.4%Better: 0.4%
Typical annual tax$19,665Better: $6,074
Demographics
Population2,98547,728
Median household incomeBetter: $201,078$123,047
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively High
Net migrationBetter: -793-11,517
Schools
Public schools
Students enrolled